This chemical is primarily utilized in organic synthesis as a key intermediate for the development of various pharmaceutical compounds. It plays a significant role in the creation of heterocyclic molecules, which are often explored for their potential biological activities. Researchers use it to synthesize compounds that may exhibit antimicrobial, anti-inflammatory, or anticancer properties. Additionally, it serves as a building block in the production of agrochemicals, contributing to the development of new pesticides or herbicides. Its structural features make it valuable for constructing complex molecular frameworks in medicinal chemistry and drug discovery.