This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors in medicinal chemistry. Its structure is often incorporated into compounds being studied for potential therapeutic applications, such as anti-cancer, anti-inflammatory, or antimicrobial agents. Additionally, it is used in organic synthesis to create complex heterocyclic frameworks, which are essential in drug discovery and development processes. Its unique chemical properties make it valuable for constructing novel compounds with potential pharmacological activities.