Used in pharmaceutical research for developing anti-inflammatory and analgesic drugs due to its potential biological activity. Also studied for its role in synthesizing heterocyclic compounds, which are important in medicinal chemistry. Applied in organic synthesis as a building block for creating complex molecules with potential therapeutic properties. Investigated for its antioxidant properties, making it relevant in studies aimed at combating oxidative stress-related diseases. Additionally, it serves as a key intermediate in the development of agrochemicals, particularly in the synthesis of compounds with pesticidal or herbicidal activity.