Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the creation of compounds with potential therapeutic applications, such as inhibitors for enzymes or receptors involved in disease pathways. Additionally, it is employed in organic synthesis to construct more complex heterocyclic frameworks, which are often found in drugs targeting neurological disorders or cancer. Its versatility also extends to agrochemical research, where it aids in the development of novel pesticides or herbicides.