This compound is primarily utilized in the synthesis of various pharmaceutical agents, particularly antifungal medications. It serves as a key intermediate in the production of drugs like clotrimazole and miconazole, which are widely used to treat fungal infections. Its structural properties make it suitable for creating molecules that target fungal cell membranes, disrupting their function and leading to the death of the pathogen. Additionally, it finds application in research and development for designing new therapeutic compounds with improved efficacy and safety profiles. Its role in medicinal chemistry underscores its importance in addressing health challenges related to fungal diseases.