Used as an intermediate in organic synthesis, particularly in the development of pharmaceutical compounds with potential biological activity. It serves as a key building block in the preparation of hydrazide-based derivatives that exhibit antimicrobial, antifungal, and anti-inflammatory properties. Commonly employed in medicinal chemistry research for designing enzyme inhibitors and bioactive molecules. Also utilized in the synthesis of heterocyclic compounds due to its ability to undergo cyclization reactions under mild conditions. Its structural features make it suitable for studies in drug discovery and development.