Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of heterocyclic compounds with biological activity. It serves as a building block in the preparation of compounds exhibiting antimicrobial, antiviral, and anticancer properties. Its structure supports the formation of complex nitrogen-containing rings, making it valuable in medicinal chemistry research and drug design. Also employed in the creation of functional materials and ligands for catalysis due to its chelating ability and structural stability.