Used primarily in organic synthesis as an intermediate for the preparation of more complex chemical compounds. It plays a role in the development of pharmaceuticals, particularly in the creation of molecules with potential therapeutic effects. The compound is also utilized in research settings for studying reaction mechanisms and developing new synthetic pathways. Its specific structure makes it valuable for modifications and functionalization in drug discovery processes. Additionally, it may be employed in the synthesis of agrochemicals or other specialty chemicals where tailored molecular properties are required.