This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of various heterocyclic compounds. It serves as a key building block in the production of imidazole derivatives, which are known for their biological activities, including antimicrobial, antifungal, and anti-inflammatory properties. Additionally, it is employed in organic chemistry research for the preparation of complex molecules, aiding in the study of structure-activity relationships. Its role in medicinal chemistry is significant, as it contributes to the design and optimization of drug candidates targeting specific therapeutic areas.