This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in pharmaceutical research and development. It serves as a crucial intermediate in the production of various active pharmaceutical ingredients (APIs), especially those targeting specific biological pathways. Its structure, featuring multiple reactive sites, allows for versatile modifications, making it valuable in the creation of novel drug candidates. Additionally, it is employed in agrochemical research for developing herbicides and pesticides, where its unique chemical properties contribute to the efficacy of the final products. Its role in these industries underscores its importance in advancing both medicinal and agricultural sciences.