This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of bioactive molecules and drug candidates. It serves as a key building block in the creation of heterocyclic compounds, which are often explored for their potential therapeutic properties. Additionally, it is employed in organic chemistry research for the preparation of complex structures, aiding in the study of chemical reactions and mechanisms. Its versatility makes it valuable in medicinal chemistry for designing and optimizing compounds with specific biological activities.