This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of prostaglandin analogs, which are crucial for treating various medical conditions. Specifically, it is employed in the development of drugs targeting ocular hypertension and glaucoma, as prostaglandin analogs help reduce intraocular pressure by increasing the outflow of aqueous humor. Additionally, its structural properties make it valuable in research focused on designing anti-inflammatory and cardiovascular agents, where modulation of prostaglandin pathways is essential. Its application extends to the study of cellular signaling mechanisms, particularly in understanding the role of prostaglandins in physiological and pathological processes.