This chemical is primarily utilized in organic synthesis, particularly in the production of various pharmaceutical intermediates. It serves as a key building block in the synthesis of compounds with potential biological activities, such as antimicrobial and antifungal agents. Its reactive aldehyde and ketone functional groups make it suitable for forming heterocyclic structures, which are often found in active pharmaceutical ingredients. Additionally, it is employed in research and development for creating novel chemical entities with therapeutic potential. Its role in facilitating complex chemical reactions underscores its importance in medicinal chemistry and drug discovery.