Used primarily in the synthesis of pharmaceuticals, this compound plays a key role in the development of active pharmaceutical ingredients (APIs). It is often employed as an intermediate in the production of drugs targeting neurological and cardiovascular conditions. Additionally, it finds application in organic synthesis, particularly in the formation of amide bonds, which are crucial in peptide and protein chemistry. Its versatility also extends to agrochemical research, where it aids in the creation of herbicides and pesticides. In analytical chemistry, it serves as a reagent for the detection and quantification of specific biomolecules.