Used in pharmaceutical research as a key building block for synthesizing bioactive molecules. Its structure supports the development of compounds with potential antimicrobial, anti-inflammatory, and central nervous system activity. Commonly employed in the preparation of heterocyclic compounds where the oxadiazole ring enhances metabolic stability and binding affinity. Also applied in agrochemicals for designing new active ingredients with improved efficacy and selectivity. Its ester functionality allows for easy modification, making it valuable in combinatorial chemistry and drug discovery.