Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system agents and cardiovascular drugs. Its oxime functional group allows for further chemical modifications, making it valuable in creating biologically active molecules. It is also employed in the preparation of agrochemicals and fine chemicals where heterocyclic structures are required. The compound’s rigid dioxane ring system contributes to improved metabolic stability in drug design, enhancing the pharmacokinetic properties of resulting products.