This chemical is primarily used in the synthesis of complex organic compounds, particularly in the field of medicinal chemistry. It serves as a key intermediate in the development of pharmaceutical agents, especially those targeting specific enzymes or receptors. Its structure allows for further functionalization, making it valuable in creating molecules with potential therapeutic properties. Additionally, it is employed in research settings for the development of new heterocyclic compounds, which are often explored for their biological activities. Its versatility also extends to material science, where it can be used in the design of organic electronic materials or dyes.