Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of antidiabetic agents. It plays a key role in the production of SGLT2 inhibitors, which are drugs designed to lower blood glucose levels in patients with type 2 diabetes by preventing the reabsorption of glucose in the kidneys. Its structure allows for selective binding and high efficacy in these therapeutic compounds. Additionally, it is employed in research settings for the development of new bioactive molecules and agrochemicals due to its stable heterocyclic core and functional versatility.