This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmacologically active compounds. Its structure is particularly valuable in the development of molecules with potential therapeutic properties, such as anti-inflammatory, antimicrobial, and anticancer agents. Additionally, it is employed in research laboratories to study reaction mechanisms and to develop novel synthetic pathways for complex organic molecules. Its oxime functional group makes it a versatile building block for creating derivatives with enhanced biological activity or specific chemical properties.