Used as a key intermediate in the synthesis of triazole-based pharmaceuticals, particularly in the development of antifungal, antiviral, and anticancer agents. Its structure supports the formation of biologically active molecules through functional group modifications. Commonly employed in medicinal chemistry for constructing nitrogen-rich heterocyclic systems that enhance drug stability and binding affinity. Also utilized in agrochemical research for designing new pesticides and plant growth regulators due to its reactivity and ability to form stable derivatives.