Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. It is particularly valuable in the development of drugs targeting bacterial infections, as it can be transformed into active agents that inhibit bacterial growth. Additionally, it plays a role in the synthesis of compounds with potential anti-inflammatory and antioxidant properties, making it useful in research focused on treating chronic diseases. Its reactivity with other organic molecules also makes it a valuable tool in creating complex chemical structures for further study and application in medicinal chemistry.