Used primarily in organic synthesis, it serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its structure is valuable in creating compounds with specific biological activities, such as inhibitors or modulators for therapeutic targets. Additionally, it is employed in research and development for designing and testing new chemical entities. The compound’s stability and reactivity make it suitable for use in controlled reactions, particularly in the formation of complex organic molecules. It is also utilized in the preparation of specialty chemicals for industrial applications.