This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmacologically active compounds. It plays a significant role in the development of drugs targeting specific enzymes or receptors, particularly in the design of inhibitors for diseases such as cancer, infections, and inflammatory disorders. Its structural features make it suitable for modifications to enhance biological activity, stability, and selectivity. Additionally, it is employed in research laboratories for studying biochemical pathways and developing novel therapeutic agents. Its applications extend to the production of agrochemicals, where it serves as a building block for creating compounds with pesticidal or herbicidal properties.