Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the creation of potential drug candidates targeting specific enzymes or receptors. Additionally, it finds application in the field of agrochemicals, where it contributes to the development of novel pesticides or herbicides. Its unique chemical properties make it a versatile building block in organic synthesis, enabling the construction of complex heterocyclic compounds with potential therapeutic or agricultural benefits.