Used primarily in the pharmaceutical industry as an intermediate in the synthesis of various drugs, including antibiotics and antifungals targeting bacterial and fungal infections. It plays a crucial role in the development of medications due to its structural properties, which effectively inhibit microbial growth and can be modified to enhance drug efficacy and stability. Additionally, it is utilized in research settings for studying and developing new therapeutic agents. There are ongoing studies exploring its application in the agricultural industry as a plant disease protectant to help reduce the spread of pathogens in crops. Its application also extends to the field of organic chemistry, where it serves as a building block for more complex chemical compounds.