Used as an intermediate in the synthesis of biologically active compounds, particularly in the development of pharmaceuticals with potential antidiabetic and antioxidant properties. Its structure supports the design of agents that modulate metabolic pathways, especially those involving thiazolidinedione derivatives known for insulin-sensitizing effects. Also explored in research for its role in inhibiting advanced glycation end-products (AGEs), which are linked to diabetic complications and aging-related diseases. Additionally, serves as a building block in medicinal chemistry for creating novel heterocyclic compounds with possible antimicrobial and anti-inflammatory activities.