Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antihypertensive and anti-inflammatory agents. Its structure supports the formation of biologically active molecules, making it valuable in medicinal chemistry research. Also employed in agrochemicals for the design of herbicides and plant growth regulators due to its ability to influence metabolic pathways in plants. Its derivatization enhances binding affinity in drug candidates, improving efficacy in target inhibition.