This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. It plays a significant role in the development of quinoline-based derivatives, which are known for their diverse pharmacological properties. Researchers employ it to create compounds with potential antibacterial, antifungal, and anticancer activities. Additionally, its structure is often modified to explore new therapeutic agents targeting specific enzymes or pathways in diseases. Its application extends to drug discovery processes, where it serves as a building block for designing novel drug candidates with improved efficacy and reduced side effects.