This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of dihydropyrimidinone derivatives, which are known for their diverse biological activities. These derivatives are often explored for their potential as antihypertensive, anti-inflammatory, and antimicrobial agents. Additionally, the compound serves as a building block in the creation of inhibitors targeting specific enzymes, making it significant in drug discovery and development processes. Its application extends to research focused on optimizing therapeutic compounds for improved efficacy and reduced side effects.