Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of antihypertensive and antiviral drugs. It serves as a building block in the development of dihydropyrimidone-based compounds, which exhibit biological activity similar to calcium channel blockers. Also employed in agrochemical formulations for the creation of herbicides and plant growth regulators due to its ability to influence metabolic pathways in plants. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for drug design and optimization.