This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure is particularly valuable in the development of compounds with potential antibacterial and antifungal properties. Researchers leverage its core framework to design and optimize new drugs targeting microbial infections. Additionally, it serves as a building block in the creation of heterocyclic compounds, which are often explored for their therapeutic applications in treating diseases. Its unique chemical properties make it a versatile tool in drug discovery and development processes.