This chemical is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds, 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 preparation of complex molecules for drug discovery and development, where its structural framework can be modified to enhance pharmacological efficacy. Its application is also seen in the study of enzyme inhibition and receptor binding, aiding in the understanding of biochemical pathways.