Used as a key intermediate in the synthesis of triazole-based pharmaceuticals, particularly antifungal agents. Its structure allows for easy modification in drug development, enhancing bioavailability and target specificity. Commonly employed in agrochemicals as well, serving in the production of plant growth regulators and fungicides. The ester group facilitates coupling reactions, making it valuable in organic synthesis for building complex molecules. Also utilized in research for developing new heterocyclic compounds with potential biological activity.