Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antimicrobial and antifungal agents. Its oxazole ring structure contributes to biological activity, making it valuable in medicinal chemistry for designing heterocyclic compounds. Also employed in research settings to prepare functionalized oxazoles for studying structure-activity relationships. Additionally, it serves as a building block in agrochemicals for crop protection products due to its stability and reactivity in coupling reactions.