This compound is primarily utilized in the field of medicinal chemistry for the development of targeted therapies. Its structure suggests potential as an inhibitor of specific enzymes or receptors, making it a candidate for research in treating diseases such as cancer or inflammatory conditions. Researchers explore its efficacy in binding to biological targets, which could lead to the design of new drugs with improved selectivity and reduced side effects. Additionally, it may be used in biochemical assays to study cellular pathways and mechanisms of action, contributing to a deeper understanding of disease processes and the discovery of novel therapeutic strategies.