This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting specific enzymes or receptors involved in disease pathways. Its unique structure allows for the creation of molecules with potential therapeutic applications, such as inhibitors for kinases or other enzymes implicated in cancer, inflammation, and neurological disorders. Additionally, it is explored in the development of agrochemicals, where it may contribute to the creation of novel pesticides or herbicides with enhanced efficacy and selectivity. Its versatility in chemical reactions makes it a valuable building block in organic synthesis for designing complex molecules with desired properties.