Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of drugs targeting neurological disorders, as it can interact with specific receptors in the brain. Additionally, it is utilized in the creation of compounds with potential anti-inflammatory and analgesic properties. Researchers also explore its role in designing novel therapies for metabolic diseases due to its ability to modulate enzyme activity. Its versatility makes it a valuable tool in medicinal chemistry for drug discovery and development.