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 designed for potential therapeutic applications, such as antimicrobial or antiviral agents. Researchers leverage its reactivity to create derivatives that can be screened for efficacy in treating diseases or inhibiting specific biological pathways. Additionally, it may be used in the development of agrochemicals, where its chemical properties contribute to the creation of pesticides or herbicides with targeted action mechanisms.