Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of imidazole-based drugs that target various biological pathways. It plays a role in the production of antifungal and antibacterial agents due to the imidazole ring's ability to interact with microbial enzymes. Additionally, it is utilized in organic chemistry research for constructing complex molecules, especially in medicinal chemistry projects focused on creating new therapeutic compounds. Its carboxylate group allows for further functionalization, making it valuable in designing molecules with specific biological activities.