This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and inflammatory disorders. Its structural framework is often incorporated into the design of small molecule inhibitors that modulate specific enzymes or receptors involved in disease pathways. Researchers leverage its unique chemical properties to enhance the pharmacokinetic and pharmacodynamic profiles of potential drug candidates. Additionally, it is explored in the development of compounds for treating conditions such as chronic pain, neurodegenerative diseases, and certain types of cancer. Its versatility in chemical modifications makes it a valuable tool in the discovery of novel therapeutic agents.