This chemical is primarily utilized in the synthesis of various heterocyclic compounds, which are essential in pharmaceutical research and development. It serves as a key intermediate in the production of drugs targeting central nervous system disorders, including anticonvulsants and anxiolytics. Additionally, it is employed in the creation of dyes and pigments due to its ability to form stable and vibrant colorants. Its role in organic synthesis extends to the preparation of agrochemicals, where it contributes to the development of pesticides and herbicides. Furthermore, it is used in biochemical studies to investigate enzyme interactions and mechanisms, aiding in the discovery of novel therapeutic agents.