Used as a key intermediate in the synthesis of heterocyclic compounds, particularly in the preparation of thiadiazole and triazole derivatives which exhibit biological activity. Employed in pharmaceutical research for developing antimicrobial, antifungal, and antiviral agents. Also applied in agrochemical industry for designing novel pesticides and herbicides due to its ability to enhance molecular stability and reactivity. Serves as a ligand in coordination chemistry for forming metal complexes with catalytic properties.