Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs). It is particularly valuable in the development of agrochemicals, where it contributes to the creation of pesticides and herbicides. Additionally, it finds application in organic synthesis, aiding in the construction of complex molecules for research and industrial purposes. Its role in the formation of heterocyclic compounds makes it essential in medicinal chemistry for designing drugs with specific biological activities.