This compound is primarily utilized in the field of medicinal chemistry as a potential therapeutic agent. Its structure suggests activity in modulating biological pathways, particularly those involving enzyme inhibition. It is often investigated for its role in treating conditions related to inflammation or autoimmune disorders due to its ability to interact with specific protein targets. Additionally, it may serve as a key intermediate in the synthesis of more complex pharmaceutical compounds, contributing to the development of novel drugs. Research is ongoing to explore its efficacy and safety in various therapeutic applications.