This chemical is primarily used in the synthesis of pharmaceutical compounds, particularly in the development of drugs that target specific enzymes or proteins. It serves as a key intermediate in the production of antiviral and anticancer medications, where its structure allows for effective binding to biological targets. Additionally, it is utilized in research laboratories for studying biochemical pathways and designing novel therapeutic agents. Its applications also extend to the field of agrochemicals, where it contributes to the creation of pesticides and herbicides by acting as a building block for active ingredients.