Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in the creation of heterocyclic compounds, which are often explored for their potential therapeutic properties. Additionally, it plays a role in the development of agrochemicals, aiding in the design of new pesticides or herbicides. Its structural features make it a versatile building block in organic synthesis, enabling the modification of molecules to enhance their biological activity or stability. Researchers also utilize it in the study of enzyme inhibitors, contributing to the discovery of novel drugs targeting specific biochemical pathways.