Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antiviral and antibacterial agents. Its structure supports the formation of nitrogen-rich heterocyclic compounds, which are important in drug design for their bioactivity. Also employed in agrochemicals to enhance the efficacy of crop protection products. Additionally, it serves in research settings for the preparation of novel coordination compounds and catalysts due to its multiple functional groups that can bind to metal centers.