This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting antiviral and anticancer activities. Its unique structure allows it to act as a key intermediate in the development of novel drugs. Additionally, it is employed in organic chemistry research for the construction of complex heterocyclic frameworks, which are essential in medicinal chemistry. Its applications also extend to the field of material science, where it is used in the preparation of advanced organic materials with potential electronic or photonic properties.