This compound is primarily utilized in the development of pharmaceutical agents, particularly in the research and synthesis of beta-lactam antibiotics. Its structure, featuring a beta-lactam ring, makes it a valuable intermediate in the creation of novel antibiotics aimed at combating resistant bacterial strains. Additionally, it is studied for its potential anti-inflammatory properties, with applications in designing drugs to treat inflammatory diseases. Researchers also explore its role in targeting specific enzymes or receptors involved in various pathological conditions, making it a promising candidate for drug discovery and therapeutic innovation.