Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It plays a role in the creation of compounds with potential therapeutic effects, such as anti-inflammatory or antimicrobial agents. Additionally, it is utilized in organic chemistry research for the preparation of complex molecules, aiding in the study of reaction mechanisms and molecular interactions. Its structural properties make it valuable in the design of ligands for catalytic processes, contributing to advancements in chemical synthesis and industrial applications.