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 synthesis of quinoline derivatives. These derivatives are often explored for their potential therapeutic properties, including antimicrobial, anticancer, and anti-inflammatory activities. Additionally, it is used in the study of structure-activity relationships (SAR) to optimize the efficacy and selectivity of drug candidates. Its unique structure makes it valuable for designing compounds targeting specific enzymes or receptors in medicinal chemistry.