This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly in the design of drugs targeting specific enzymes or receptors. Its structure is often incorporated into compounds with potential therapeutic applications, such as anticancer, antiviral, or anti-inflammatory agents. Additionally, it is used in the study of heterocyclic chemistry to explore novel chemical reactions and pathways, contributing to advancements in medicinal chemistry and drug discovery.