Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of various pharmaceuticals. It is particularly valuable in the development of enzyme inhibitors, where its structure allows for effective interaction with target proteins. Additionally, it finds application in the synthesis of heterocyclic compounds, which are crucial in medicinal chemistry for creating drugs with diverse therapeutic effects. Its role in research extends to the study of biochemical pathways, aiding in the understanding of disease mechanisms and the discovery of new treatments.