This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its structure is particularly valuable in the development of biologically active molecules, including potential drugs targeting specific enzymes or receptors. Researchers often employ it in the synthesis of heterocyclic compounds, which are crucial in medicinal chemistry for designing new therapeutic agents. Additionally, it may be used in the creation of agrochemicals, contributing to the development of pesticides or herbicides with enhanced efficacy. Its versatility and reactivity make it a valuable component in the exploration of novel chemical entities for diverse applications.