Used primarily as an intermediate in the synthesis of various pharmaceuticals and agrochemicals, this compound plays a crucial role in the development of antifungal and antibacterial agents. Its structure is key in creating compounds that target specific biological pathways, making it valuable in medicinal chemistry. Additionally, it is utilized in research for designing novel molecules with potential therapeutic applications, particularly in combating resistant strains of pathogens. Its derivatives are also explored for their potential use in crop protection, contributing to the development of pesticides that ensure agricultural productivity.