Used primarily in the synthesis of pharmaceuticals, this compound plays a crucial role in the development of various drugs. It is particularly valuable in the creation of compounds with antibacterial or antimicrobial properties. Its chemical structure allows it to act as an intermediate in the production of more complex molecules, making it essential in medicinal chemistry research. Additionally, it is employed in the study of enzyme inhibition, aiding in the understanding of biochemical pathways and potential therapeutic targets. Its applications extend to the field of organic synthesis, where it is utilized to construct specific molecular frameworks required for advanced drug development.