This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of biologically active molecules, such as inhibitors and therapeutic agents, due to its unique structural properties. Additionally, it is employed in research and development for creating novel compounds with potential applications in medicinal chemistry. Its role in facilitating the construction of complex molecular frameworks makes it valuable in the field of drug discovery and material science.