This chemical is widely used in the synthesis of pharmaceuticals, particularly in the development of drugs targeting various medical conditions. Its structure makes it a valuable intermediate in the production of antiviral and anticancer agents. Additionally, it plays a role in the creation of agrochemicals, such as herbicides and pesticides, due to its ability to interact with biological systems effectively. In research, it is utilized for developing novel compounds with potential therapeutic properties, making it a key component in medicinal chemistry and drug discovery processes.