This compound is primarily utilized in the synthesis of pharmaceutical intermediates and active pharmaceutical ingredients (APIs). It serves as a key building block in the development of complex molecules, particularly in the field of medicinal chemistry. Its structure allows for further functionalization, making it valuable in the creation of compounds with potential therapeutic properties. Additionally, it is employed in research and development for designing and testing new drug candidates, especially those targeting specific biological pathways or enzymes. Its application extends to agrochemical research, where it may be used in the development of novel pesticides or herbicides.