This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of compounds with potential biological activities, such as anti-inflammatory, antimicrobial, or anticancer agents. Additionally, it is employed in research settings to study the reactivity and transformation of benzoxazolone derivatives, aiding in the discovery of new chemical entities with therapeutic potential. Its application extends to material science, where it can be used to synthesize novel organic materials with specific electronic or optical properties.