Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is valuable in creating drugs targeting metabolic disorders, inflammation, and certain types of cancers. Additionally, it is employed in the design of enzyme inhibitors, particularly those involved in purine metabolism. The compound’s versatility also extends to agrochemical applications, where it contributes to the development of herbicides and pesticides. Its role in organic synthesis further highlights its importance in producing complex chemical entities for industrial and medicinal purposes.