Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive compounds with potential antiviral, antibacterial, and anti-inflammatory properties. Its structure serves as a core scaffold in medicinal chemistry for designing enzyme inhibitors and receptor modulators. Also employed in the preparation of agrochemicals and functional materials due to its stability and reactivity in coupling reactions. Commonly utilized in research settings for constructing benzoxazole-based derivatives with tailored biological activities.