Used in pharmaceutical research, it serves as a key intermediate in the synthesis of bioactive compounds, particularly in the development of drugs targeting neurological disorders and inflammation. Its oxadiazole ring structure is valuable in creating molecules with potential antimicrobial and antiviral properties. Additionally, it is explored in agrochemicals for designing novel pesticides and herbicides due to its stability and reactivity. In material science, it contributes to the development of advanced polymers and coatings with enhanced durability and resistance.