Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It plays a role in the development of compounds with potential therapeutic properties, such as anti-inflammatory or antimicrobial agents. Additionally, it is utilized in the creation of advanced materials, including liquid crystals and polymers, due to its structural properties. Its application extends to research and development in the field of medicinal chemistry, where it aids in the design and synthesis of novel drug candidates.