This chemical is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug compounds. Its unique structure makes it a valuable intermediate in the creation of molecules with potential therapeutic effects, especially in the fields of oncology and neurology. Researchers leverage its reactivity to design and develop inhibitors targeting specific enzymes or receptors involved in disease pathways. Additionally, it is explored in the development of agrochemicals, where it may serve as a building block for creating compounds with pesticidal or herbicidal properties. Its application is largely confined to laboratory settings, where it contributes to the advancement of medicinal chemistry and chemical biology.