Used primarily in the synthesis of pharmaceutical intermediates, this compound plays a crucial role in the development of various drugs, particularly those targeting bacterial infections. Its structure allows it to act as a building block for more complex molecules, enabling the creation of antibiotics and other therapeutic agents. Additionally, it is utilized in research settings for studying enzyme inhibition and biochemical pathways, contributing to advancements in medicinal chemistry. Its applications also extend to the production of dyes and pigments, where its chemical properties help in achieving specific color characteristics.