This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of molecules targeting specific biological pathways, such as enzyme inhibition or receptor modulation. Its structural features make it valuable in designing compounds for potential therapeutic applications, including treatments for neurological disorders, cancer, and inflammatory diseases. Additionally, it is explored in medicinal chemistry for its potential to enhance drug efficacy and selectivity. Researchers also investigate its role in optimizing pharmacokinetic properties, such as bioavailability and metabolic stability, in preclinical studies.