This chemical is primarily utilized in organic synthesis as a key intermediate for the development of various pharmaceutical compounds. Its unique structure allows it to participate in reactions that form complex molecules, particularly those with potential therapeutic properties. It is often employed in the synthesis of sulfonamide derivatives, which are widely used in antibiotics and other medications. Additionally, it serves as a building block in the creation of compounds that exhibit biological activity, making it valuable in drug discovery and development processes. Its role in facilitating specific chemical transformations makes it a crucial component in the production of specialized organic materials.