Used in pharmaceutical research for developing compounds with potential therapeutic effects, particularly in targeting specific enzymes or receptors involved in diseases. Its structure makes it a valuable intermediate in synthesizing heterocyclic compounds, which are often explored for their biological activities. Additionally, it serves as a key building block in medicinal chemistry for creating molecules with antimicrobial, anti-inflammatory, or anticancer properties. Its applications extend to agrochemical research, where it may be utilized in designing novel pesticides or herbicides.