Used as an intermediate in organic synthesis, particularly in the preparation of heterocyclic compounds. It serves in the development of pharmaceuticals and agrochemicals due to its ability to participate in cyclization reactions. Commonly employed in the synthesis of benzoxazole and related ring systems, which are found in bioactive molecules. Also utilized in research settings for modifying peptide structures and enhancing metabolic stability in drug design. Shows utility in forming amidine-based inhibitors for enzymatic targets.