Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of imidazole-based drugs with biological activity. It serves in the preparation of antifungal, anticancer, and anti-inflammatory agents due to the imidazole ring’s role in mimicking physiological molecules. Also employed in coordination chemistry as a ligand precursor for catalysts in organic transformations. Its ester groups allow for easy modification, making it valuable in medicinal chemistry research and drug design.