Used as an intermediate in organic synthesis, particularly in the preparation of heterocyclic compounds and pharmaceuticals. Its oxime and ester functional groups allow for versatile reactivity, including participation in cyclization reactions to form nitrogen-containing rings. Commonly employed in the development of bioactive molecules, including potential enzyme inhibitors and antimicrobial agents. Also utilized in agrochemical synthesis for creating structurally complex active ingredients. The compound’s ability to undergo selective transformations makes it valuable in medicinal chemistry research and drug discovery processes.