Used primarily as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antidiabetic agents. It plays an important role in constructing heterocyclic frameworks found in bioactive molecules. Its structure allows for functionalization that supports drug optimization, including improved solubility and binding affinity. Commonly employed in medicinal chemistry for creating analogs in structure-activity relationship studies. Also utilized in the preparation of novel organic compounds for research in metabolic disease treatment.