This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of drugs targeting cardiovascular diseases, hypertension, and other therapeutic areas. Additionally, it is employed in organic synthesis to create complex molecules for research and industrial applications, including agrochemicals and specialty chemicals. Its role in the formation of heterocyclic compounds makes it valuable in medicinal chemistry for designing novel drug candidates.