This compound is primarily utilized in pharmaceutical research and development due to its potential as a biologically active molecule. It is often explored as a key intermediate or building block in the synthesis of various drug candidates, particularly those targeting central nervous system disorders, cancer, and inflammatory diseases. Its structural framework is valuable in designing inhibitors for specific enzymes or receptors, making it a significant component in medicinal chemistry. Additionally, it is used in preclinical studies to evaluate its efficacy, safety, and pharmacokinetic properties, contributing to the discovery of novel therapeutic agents.