Used as a key intermediate in the synthesis of heterocyclic compounds, particularly in the development of biologically active molecules. It serves in the preparation of thiazole-based pharmaceuticals, including antimicrobial, antifungal, and anti-inflammatory agents. Its structure allows for functionalization at multiple sites, making it valuable in medicinal chemistry for building complex drug scaffolds. Also employed in agrochemical research for designing novel pesticides and herbicides due to its reactivity and ability to form stable derivatives.