This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of biologically active molecules. Its unique structure makes it valuable for constructing complex heterocyclic compounds, which are often explored for their potential therapeutic properties. Researchers leverage this chemical in the design of drug candidates targeting various diseases, particularly in the fields of oncology and neurology. Additionally, it serves as a building block in organic synthesis, enabling the creation of novel compounds for further biological evaluation. Its application is also seen in the development of agrochemicals, where it contributes to the formulation of new pesticides or herbicides with improved efficacy.