Used as a building block in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of various active compounds, including those with potential therapeutic effects. In medicinal chemistry, it is employed to create molecules with specific biological activities, such as enzyme inhibitors or receptor modulators. Additionally, it finds application in the synthesis of complex natural products and fine chemicals. Its versatility makes it valuable in research and industrial processes for developing innovative chemical solutions.