Used primarily in pharmaceutical research and development, it serves as a key intermediate in the synthesis of various bioactive compounds. Its structure is particularly valuable in the creation of molecules with potential therapeutic applications, such as inhibitors for specific enzymes or receptors. Additionally, it is employed in the production of agrochemicals, contributing to the development of new pesticides or herbicides. Its versatility in organic synthesis makes it a crucial component in the exploration of novel chemical entities for industrial and medicinal purposes.