This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting enzyme inhibition. Its structure is valuable in creating molecules that interact with specific enzymes or receptors, making it useful in designing potential drugs for therapeutic applications. Additionally, it finds use in organic synthesis as a building block for constructing more complex heterocyclic compounds, which are often explored for their medicinal properties. Its role in drug discovery and development highlights its importance in advancing new treatments for diseases.