This chemical is primarily utilized in organic synthesis as an intermediate for the preparation of more complex compounds. It is often employed in the development of pharmaceuticals, particularly in the synthesis of nitrogen-containing heterocycles, which are crucial in drug design. Additionally, it serves as a building block in the creation of ligands for catalysis, aiding in the development of efficient catalytic systems for various chemical reactions. Its structure makes it valuable in the study of ring transformations and the exploration of novel chemical pathways in research laboratories.