Used as a key intermediate in the synthesis of various biologically active compounds, particularly in pharmaceuticals. It serves in the development of anticonvulsant, anti-inflammatory, and antimicrobial agents due to its ability to interact with biological targets such as enzymes and receptors. Its structure allows for easy modification, making it valuable in medicinal chemistry for designing new drug candidates. Also employed in the preparation of heterocyclic compounds with potential anticancer and antiviral activities.