This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various heterocyclic compounds, which are essential for creating potential drug candidates. Its structure is particularly valuable in the synthesis of molecules with potential biological activities, such as antimicrobial, anti-inflammatory, or anticancer properties. Researchers often explore its reactivity to design and optimize new therapeutic agents. Additionally, it may be employed in the study of enzyme inhibition mechanisms, contributing to the understanding of biochemical pathways and the development of targeted treatments.