Used as a key intermediate in the synthesis of pharmaceuticals, particularly antifungal agents. It plays an important role in the development of triazole-based drugs that inhibit fungal cytochrome P450 enzymes, disrupting ergosterol biosynthesis in fungal cell membranes. Its structure allows for easy modification to enhance drug potency and bioavailability. Also explored in agrochemicals for crop protection due to its ability to interfere with pathogen growth. Additionally, it serves as a building block in the preparation of functional materials and coordination compounds with potential catalytic or sensing applications.