Primarily used in organic synthesis, this compound serves as a key intermediate in the development of pharmaceuticals and agrochemicals. Its structure is particularly valuable in the construction of heterocyclic compounds, which are essential in drug discovery for their biological activity. Additionally, it is employed in the preparation of functionalized pyridazines, which are utilized in the synthesis of various bioactive molecules. The compound’s stability and reactivity make it a versatile reagent in the design of complex organic frameworks, contributing to advancements in medicinal chemistry and material science.