This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly as an intermediate in the production of active pharmaceutical ingredients (APIs). Its structure is valuable in the development of drugs targeting specific biological pathways, such as anti-inflammatory or anti-cancer agents. Additionally, it serves as a key building block in organic synthesis, enabling the creation of complex molecules with potential therapeutic applications. Researchers also explore its use in agrochemicals, where it may contribute to the development of new pesticides or herbicides. Its versatility in chemical reactions makes it a useful component in medicinal chemistry and drug discovery processes.