Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules and drug candidates. Its reactive chloromethyl group allows for easy alkylation or coupling reactions, making it valuable in medicinal chemistry for building complex heterocyclic systems. Commonly employed in the preparation of enzyme inhibitors and receptor modulators due to the stability and polarity imparted by the oxadiazole ring. Also utilized in agrochemical research for designing novel pesticides and herbicides with improved metabolic stability.