This compound is primarily utilized in the synthesis of various pharmaceutical agents, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of certain antifungal and antibacterial drugs, leveraging its structural properties to enhance the efficacy of the final product. Additionally, it is employed in research and development for creating novel therapeutic compounds, especially those targeting microbial infections. Its role in medicinal chemistry is significant due to its ability to interact with biological systems, making it a valuable component in drug discovery and optimization processes.