This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of certain active pharmaceutical ingredients (APIs). It plays a critical role in the development of drugs targeting cardiovascular diseases, particularly those acting on the renin-angiotensin system. Its structural properties make it suitable for use in the preparation of angiotensin II receptor antagonists, which are effective in managing hypertension and heart failure. Additionally, it is employed in research and development for exploring new therapeutic agents with improved efficacy and safety profiles.