Used primarily as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antifungal agents. Its structure allows for functionalization at multiple sites, making it valuable in medicinal chemistry for building complex molecules. It is also employed in the preparation of bioactive compounds and analogs for drug discovery research. Due to the presence of the dichlorophenyl group, it contributes to enhanced lipophilicity and metabolic stability in resulting compounds, which can improve drug efficacy and pharmacokinetics.