Used primarily in the synthesis of pharmaceuticals and organic compounds, it serves as a key intermediate in the development of various therapeutic agents. Its structure is particularly valuable in the creation of compounds with potential anti-cancer, anti-inflammatory, and antimicrobial properties. Additionally, it is employed in research for designing novel molecules with specific biological activities, aiding in drug discovery and development processes. Its application extends to material science, where it is utilized in the preparation of advanced organic materials with unique electronic or optical properties.