Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for various therapeutic applications. It plays a key role in the production of compounds with potential antiviral, anticancer, or anti-inflammatory properties. The compound's structure allows it to act as a building block in organic synthesis, enabling the creation of complex molecules. Its reactivity with other chemical groups makes it valuable in medicinal chemistry for designing and optimizing drug candidates. Additionally, it may be utilized in research settings to study chemical reactions or develop new synthetic methodologies.