This chemical is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds, particularly in the creation of molecules with potential therapeutic applications. Its structure is often leveraged in the design of inhibitors and modulators for specific enzymes or receptors, contributing to the study of diseases and the discovery of new drugs. Additionally, it is employed in the synthesis of complex heterocyclic compounds, which are valuable in medicinal chemistry for their diverse pharmacological properties.