This chemical is primarily utilized in the synthesis of advanced organic compounds, particularly in the development of pharmaceutical intermediates. Its unique structure makes it a valuable building block for creating complex molecules with potential therapeutic applications. It is often employed in the production of heterocyclic compounds, which are essential in drug discovery and development. Additionally, it serves as a key reagent in organic synthesis, facilitating the creation of novel materials with specific chemical properties. Its application extends to research laboratories, where it is used to study reaction mechanisms and develop new synthetic pathways.