This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules. Its structure is particularly valuable in the synthesis of heterocyclic compounds, which are often explored for their potential therapeutic properties. Researchers leverage its reactivity to create derivatives that can be screened for antimicrobial, anti-inflammatory, or anticancer activities. Additionally, it is employed in the study of enzyme inhibition mechanisms, contributing to the design of novel drugs targeting specific biochemical pathways. Its applications are predominantly focused on advancing medicinal chemistry and drug discovery efforts.