This compound is primarily utilized in organic synthesis as a key intermediate for the development of various pharmaceutical agents. Its structure is particularly valuable in the construction of heterocyclic compounds, which are often explored for their potential biological activities. Researchers employ it in the synthesis of molecules that may exhibit therapeutic properties, such as anti-inflammatory, antimicrobial, or anticancer effects. Additionally, it serves as a building block in the preparation of complex organic frameworks, contributing to advancements in medicinal chemistry and drug discovery. Its versatility also extends to applications in material science, where it can be used to develop novel organic materials with specific functional properties.