This chemical is primarily used in organic synthesis as an intermediate for the production of various pharmaceuticals and fine chemicals. It serves as a key building block in the synthesis of complex molecules, particularly in the development of compounds with potential biological activity. Its structure allows for further functionalization, making it valuable in medicinal chemistry for creating novel drug candidates. Additionally, it can be employed in research settings to study reaction mechanisms or develop new synthetic methodologies. Its versatility and reactivity make it a useful tool in the development of compounds targeting specific therapeutic areas.