This chemical is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds, particularly in the synthesis of heterocyclic molecules. Its structure is often leveraged to create derivatives that exhibit potential therapeutic properties, such as antimicrobial, anti-inflammatory, or anticancer activities. Additionally, it is used in the study of structure-activity relationships to optimize drug efficacy and selectivity. Its role in the synthesis of complex organic molecules makes it valuable in medicinal chemistry and drug discovery processes.