Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antifungal and antiparasitic agents. Its structure allows for easy modification in drug design, making it valuable in creating imidazole-based active ingredients. Commonly employed in the preparation of proton pump inhibitors and histamine H2 receptor antagonists due to its reactivity and stability in organic transformations. Also utilized in agrochemicals for the production of fungicides and plant growth regulators.