This chemical is primarily used in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds. Researchers utilize it to create molecules with potential therapeutic applications, particularly in the study of anti-inflammatory, anticancer, and antimicrobial agents. Its unique structure allows for the exploration of novel drug candidates, making it valuable in medicinal chemistry. Additionally, it may be employed in the synthesis of agrochemicals, contributing to the development of new pesticides or herbicides. Its versatility in chemical reactions makes it a useful tool for designing and optimizing complex organic molecules.