Used in pharmaceutical research, particularly in the development of new drugs, due to its potential biological activity. It serves as a key intermediate in synthesizing compounds that may target specific enzymes or receptors, contributing to the treatment of various diseases. Its structure is often explored in medicinal chemistry for designing molecules with improved efficacy and selectivity. Additionally, it is studied in agrochemical research for potential applications in crop protection. The compound’s unique properties make it valuable in advancing both therapeutic and agricultural innovations.