Used primarily as an intermediate in organic synthesis, it plays a key role in the production of pharmaceuticals, particularly in the development of antifungal and antibacterial agents. Its structure is beneficial in creating compounds that target specific enzymes or receptors in microbial cells. Additionally, it is utilized in the synthesis of agrochemicals, contributing to the formulation of pesticides and herbicides that protect crops from pests and diseases. In research, it serves as a building block for the development of novel chemical entities with potential therapeutic applications.