Primarily used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of antimalarial drugs. It plays a crucial role in the production of compounds that exhibit significant biological activity against malaria parasites. Additionally, it finds application in the research and development of other therapeutic agents, contributing to advancements in medicinal chemistry. Its utility extends to laboratory settings where it serves as a reagent for various chemical reactions, aiding in the creation of complex molecules with potential medical benefits.