Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules and heterocyclic compounds. Its structure allows for functionalization at multiple sites, making it valuable in medicinal chemistry for building complex ring systems. Commonly employed in the preparation of antiviral and anti-inflammatory agents due to its ability to mimic natural metabolites. Also utilized in agrochemical research for designing novel pesticides and herbicides. Its reactivity supports use in cycloaddition and coupling reactions, enabling efficient construction of chiral centers in asymmetric synthesis.