This chemical is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the preparation of pharmaceuticals, particularly in the development of compounds with potential therapeutic properties. Its structure allows it to act as a building block for more complex molecules, especially those involving isoindoline derivatives. Additionally, it finds use in the synthesis of agrochemicals and specialty chemicals, where its functional groups enable modifications to create target-specific compounds. Its application extends to research and development in medicinal chemistry, where it aids in the exploration of new drug candidates.