This compound is primarily utilized in organic synthesis as a key intermediate for the preparation of various heterocyclic compounds. It is particularly valuable in the development of pharmaceuticals, where it serves as a building block for the synthesis of active pharmaceutical ingredients (APIs). Its structure allows for further functionalization, making it versatile in the creation of complex molecules. Additionally, it is employed in research and development for designing and testing new drug candidates, especially those targeting specific biological pathways. Its application extends to agrochemicals, where it contributes to the synthesis of compounds with potential pesticidal or herbicidal properties.