Used in organic synthesis as a building block for more complex molecules, particularly in the pharmaceutical industry. It serves as an intermediate in the production of various heterocyclic compounds, which are often key components in drug development. Its structure is valuable in creating compounds with potential biological activity, such as antimicrobial or anti-inflammatory agents. Additionally, it is employed in agrochemical research for developing new pesticides or herbicides. Its versatility in chemical reactions makes it a useful reagent in medicinal chemistry and material science.