Used as a key intermediate in the synthesis of bioactive compounds, particularly in the development of antimicrobial and antifungal agents. Its structure supports coordination with metal ions, making it valuable in the design of metal-based therapeutic complexes. Also employed in the preparation of Schiff base derivatives for research in medicinal chemistry due to its stability and reactivity. Additionally, it serves as a model compound in crystallography and molecular structure studies, aiding in the understanding of hydrogen bonding and molecular packing behavior.