Used as a key intermediate in the synthesis of fluorinated quinolone antibiotics, particularly in the production of advanced antimicrobial agents. Its structure enables the formation of chelating complexes with metal ions, which is beneficial in medicinal chemistry for enhancing drug stability and bioavailability. Also employed in research for developing novel heterocyclic compounds with potential antiviral and anticancer activities. Its reactive functional groups allow for easy modification, making it valuable in pharmaceutical development and organic synthesis.