This chemical is primarily used in pharmaceutical research and development, particularly in the synthesis of various biologically active compounds. It serves as a key intermediate in the production of drugs targeting specific enzymes or receptors, often in the development of treatments for conditions like cancer, inflammation, or neurological disorders. Its structure allows for further functionalization, making it valuable in medicinal chemistry for creating novel therapeutic agents. Additionally, it may be utilized in the study of imidazole-based compounds, which are known for their diverse pharmacological properties.