Used in organic synthesis as a key intermediate for constructing complex molecules, particularly in pharmaceutical research. It plays a role in developing compounds with potential biological activities, such as antimicrobial, antiviral, and anticancer agents. Its structure is valuable in designing drugs targeting specific enzymes or receptors. Additionally, it is utilized in material science for creating advanced organic materials with specific electronic or optical properties. Its versatility makes it a valuable building block in medicinal chemistry and drug discovery.