This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting neurological and cardiovascular disorders. Its structural framework is valuable in designing compounds that interact with specific receptors or enzymes, aiding in the discovery of new therapeutic agents. Additionally, it is explored for its potential in creating drugs with anti-inflammatory or analgesic properties. Researchers also investigate its role in modulating cellular pathways, which could lead to advancements in treating complex diseases. Its application extends to preclinical studies, where it is used to evaluate efficacy, safety, and pharmacokinetics of novel drug candidates.