Used primarily in the synthesis of heterocyclic compounds, it serves as a key intermediate in the development of pharmaceuticals, particularly in the creation of drugs targeting various diseases. Its structure is valuable in organic synthesis, enabling the construction of complex molecules with potential biological activity. Additionally, it finds application in agrochemical research, aiding in the design of novel pesticides and herbicides. Its reactivity and versatility make it a crucial component in the exploration of new chemical entities for therapeutic and agricultural purposes.