This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in pharmaceutical research and development. It serves as a key intermediate in the production of biologically active molecules, including potential drug candidates. Its structure is valuable for constructing heterocyclic frameworks, which are often found in compounds with therapeutic properties. Additionally, it is employed in medicinal chemistry for the design and optimization of small-molecule inhibitors targeting specific enzymes or receptors. Its versatility in chemical reactions makes it a useful building block in the development of novel therapeutic agents.