Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of antibacterial and antifungal agents. It plays a role in the production of compounds that exhibit biological activity, making it valuable in medicinal chemistry. Additionally, it is utilized in organic synthesis for creating heterocyclic compounds, which are important in various industrial and research applications. Its derivatives are also explored for their potential use in agrochemicals, such as pesticides and herbicides, due to their efficacy in targeting specific biological pathways.