Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It plays a significant role in the creation of imidazole-based compounds, which are often explored for their potential therapeutic applications. Specifically, it is utilized in the development of drugs targeting cardiovascular diseases, cancer, and infectious diseases. Its structural properties make it valuable in medicinal chemistry for designing and optimizing drug candidates with improved efficacy and safety profiles.