This compound is primarily utilized in the synthesis of various pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) for therapeutic applications. It serves as a key building block in the production of compounds with potential biological activities, such as antiviral or anticancer agents. Additionally, it is employed in organic synthesis for creating complex molecules, including heterocyclic compounds, which are often explored for their medicinal properties. Its structural features make it valuable in research and development for designing and optimizing drug candidates.