Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of antidiabetic, anti-inflammatory, antimicrobial, and antiviral agents, as well as enzyme inhibitors for chronic diseases such as diabetes and cancer. It also serves in agrochemical formulations for enhancing stability and efficacy of crop protection products. Its structure supports binding in bioactive molecules, making it valuable in medicinal chemistry for drug design. Additionally, it is employed in research for developing new heterocyclic compounds with potential biological activity and in organic chemistry to create complex new structures.