Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and biologically active compounds. It serves as a building block in the preparation of amide-based derivatives with potential anti-inflammatory, antimicrobial, or anticancer properties. Its structure allows for conjugation with other molecules, making it valuable in medicinal chemistry for designing drug candidates. Also utilized in the synthesis of fluorescent probes and sensors due to its ability to undergo specific chemical modifications for detection applications.