Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for central nervous system agents and antimicrobial compounds. Its structure supports functionalization at multiple sites, making it valuable in medicinal chemistry for building complex heterocyclic systems. Commonly employed in the preparation of herbicides and plant growth regulators due to its compatibility with agrochemical formulations. Also utilized in research settings for the design of novel bioactive molecules and in the creation of chiral building blocks for asymmetric synthesis.