Primarily utilized in the field of medicinal chemistry, this compound serves as a key intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of drugs targeting cardiovascular diseases, where it acts as a precursor for compounds that inhibit enzymes involved in blood pressure regulation. Additionally, it finds application in the design of anti-cancer therapies, where it contributes to the creation of molecules that interfere with DNA replication in tumor cells. In material science, it is explored for its potential in creating novel organic frameworks with specific electronic properties, useful in the development of advanced sensors and organic semiconductors.