Used as a key intermediate in the synthesis of pharmaceuticals, particularly antifungal agents. It plays a role in the development of triazole-based drugs that inhibit fungal cytochrome P450 enzymes, disrupting ergosterol biosynthesis in fungal cell membranes. Also explored in agrochemicals for its potential in creating fungicides with broad-spectrum activity. Its structure allows for easy modification, making it valuable in medicinal chemistry for drug design and optimization.