This chemical is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of various bioactive compounds. Its structure is particularly valuable in the creation of molecules that target specific enzymes or receptors, making it useful in the design of potential drugs for treating diseases such as cancer, inflammation, and microbial infections. Additionally, it serves as a building block in organic chemistry for constructing more complex heterocyclic compounds, which are often explored for their therapeutic properties. Its application extends to material science, where it can be incorporated into polymers or coatings to impart unique chemical properties.