This chemical is primarily used in the pharmaceutical industry as an intermediate in the synthesis of active pharmaceutical ingredients (APIs). Its role is crucial in the development of drugs targeting specific diseases, particularly in the area of oncology and immunology. Additionally, it finds application in research laboratories for the study of biochemical pathways and drug discovery processes. Its unique properties make it suitable for use in high-throughput screening and as a building block for more complex molecules. In industrial settings, it is utilized in the production of specialty chemicals that require precise molecular structures.