This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure makes it a valuable intermediate in the creation of molecules with potential therapeutic properties, especially in the fields of oncology and infectious diseases. Researchers often explore its derivatives for their ability to interact with biological targets, such as enzymes or receptors, to modulate disease pathways. Additionally, it serves as a building block in organic chemistry for constructing complex heterocyclic compounds, which are essential in medicinal chemistry for drug discovery and optimization. Its application is largely confined to laboratory settings, where it contributes to the development of innovative treatments.