This compound is primarily utilized in organic synthesis as an intermediate for the development of more complex chemical structures. It is often employed in the preparation of pharmaceuticals, particularly in the synthesis of nitrogen-containing heterocycles, which are essential in medicinal chemistry. Its structure allows for further functionalization, making it valuable in the design and production of potential drug candidates. Additionally, it may be used in research settings to study reaction mechanisms or to develop novel synthetic methodologies. Its role in the creation of biologically active molecules highlights its importance in the field of drug discovery and development.