Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of beta-lactam antibiotics. It plays an important role in the preparation of active pharmaceutical ingredients (APIs) due to its ability to introduce amino and oxime functional groups in organic reactions. Commonly employed in the development of antibiotic agents such as cephalosporins and penicillins, it contributes to enhancing the efficacy and stability of the final drug product. Also utilized in agrochemical synthesis for the development of certain crop protection agents. Its reactivity and solubility properties make it suitable for use in various solution-phase reactions in medicinal chemistry.