This chemical is primarily used 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 target specific enzymes or pathways involved in disease progression. Additionally, it is utilized in research settings for the study of biochemical processes and the development of novel therapeutic molecules. Its role in organic synthesis also extends to the creation of agrochemicals, where it contributes to the formulation of pesticides or herbicides designed to improve crop protection and yield.