Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various drugs. It is particularly valuable in the development of cardiovascular medications, where it contributes to the creation of compounds that help manage blood pressure and heart conditions. Additionally, it finds application in agrochemical research, aiding in the formulation of pesticides and herbicides that protect crops from pests and diseases. Its role in organic synthesis also extends to the creation of complex molecules for research and industrial purposes.