This chemical is primarily used in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting specific medical conditions, particularly in the realm of antiviral and antibacterial treatments. Its structural properties make it a valuable building block for creating complex molecules that exhibit therapeutic effects. Additionally, it is utilized in research and development for designing and testing new compounds with potential medicinal benefits. Its application extends to organic synthesis, where it serves as a key reagent in the preparation of specialized chemical compounds.