Used primarily in the synthesis of pharmaceuticals, particularly in the development of antiviral and anticancer agents. It serves as a key intermediate in the production of compounds that inhibit specific enzymes or proteins involved in disease progression. Additionally, it is utilized in agricultural chemistry for creating pesticides and herbicides, where it acts as a building block for active ingredients that target pests or weeds. Its role in organic synthesis also extends to the preparation of heterocyclic compounds, which are valuable in various industrial and research applications.