This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in pharmaceutical research. It serves as a key intermediate in the development of various bioactive molecules, including potential drug candidates. Its structure allows for versatile modifications, making it valuable in medicinal chemistry for creating compounds with specific biological activities. Additionally, it is employed in the study of peptide mimetics and other biologically relevant structures, aiding in the exploration of new therapeutic agents. Its stability and reactivity make it a useful building block in organic synthesis, particularly in the construction of heterocyclic frameworks.