Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is valuable in the creation of potential drugs targeting specific enzymes or receptors, particularly in the treatment of diseases like cancer, inflammation, and infections. Additionally, it finds applications in agrochemical research for developing new pesticides or herbicides due to its reactivity and ability to form diverse derivatives. Its furan and pyrimidine moieties make it a versatile building block in organic synthesis, contributing to the discovery of novel compounds with therapeutic or agricultural benefits.