Used primarily in scientific research, this compound serves as a building block in the synthesis of pharmacologically active substances. It is of interest in medicinal chemistry for its potential role in developing compounds that interact with cellular signaling pathways. Researchers also explore its use in creating analogs for drug discovery, particularly in studies related to inflammation, neuroprotection, and metabolic regulation. Due to its structural features, it is valuable in optimizing lead compounds for enhanced biological activity and selectivity.