This chemical is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active compounds. Its structure is particularly valuable in the creation of molecules targeting specific enzymes or receptors, making it relevant in the design of drugs for neurological disorders, inflammation, and other therapeutic areas. Additionally, it has been explored in the development of small-molecule inhibitors for potential use in oncology, where its unique scaffold can be modified to enhance efficacy and selectivity. Its application extends to agrochemical research, where it serves as a building block for creating novel pesticides or herbicides with improved activity and safety profiles.