This chemical is primarily used in organic synthesis as a building block for the preparation of more complex molecules. It serves as a ligand in coordination chemistry, where it can form stable complexes with various metal ions, making it useful in catalysis and material science. Additionally, it is employed in the development of pharmaceuticals, particularly in the synthesis of compounds with potential biological activity. Its structure allows it to act as a spacer or linker in the design of drug molecules, enhancing their efficacy and specificity. In research, it is also utilized in the study of molecular interactions and the development of new chemical entities.