This chemical is primarily used in the synthesis of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of various biologically active compounds, including potential drugs targeting specific enzymes or receptors. Its structure makes it valuable in the development of heterocyclic compounds, which are often explored for their therapeutic properties. Additionally, it is utilized in research settings for the design and optimization of new chemical entities with potential applications in medicine and agriculture. Its role in creating novel compounds highlights its importance in advancing chemical and biological sciences.