This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of antiviral and anticancer agents. Its structure serves as a key intermediate in the creation of molecules that target specific enzymes or pathways involved in disease progression. Additionally, it is employed in organic synthesis to construct complex heterocyclic frameworks, which are valuable in medicinal chemistry for designing novel drugs with improved efficacy and selectivity. Its reactive aldehyde group allows for further functionalization, making it a versatile building block in drug discovery and development processes.