Used in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. It serves as a key building block in the development of complex molecules due to its functional groups, which allow for further chemical modifications. Applied in the synthesis of potential therapeutic agents, particularly in the research of anti-inflammatory and antimicrobial compounds. Also utilized in the creation of specialty chemicals and fine chemicals for industrial applications. Its unique structure makes it valuable in the study of organic reactions and the development of new synthetic methodologies.