This chemical is primarily utilized in organic synthesis as a key intermediate for the development of more complex molecules. It is often employed in the pharmaceutical industry for the synthesis of compounds with potential biological activity, particularly in the creation of heterocyclic structures that are prevalent in many drugs. Its unique structure allows it to serve as a building block for the development of molecules that may exhibit therapeutic properties, such as anti-inflammatory, antimicrobial, or anticancer effects. Additionally, it finds application in research and development for exploring new chemical reactions and pathways, contributing to advancements in medicinal chemistry and drug discovery.