Used in organic synthesis as a key intermediate for the development of pharmaceuticals, particularly in the creation of compounds with potential therapeutic applications. Its structure is valuable in the design of molecules targeting specific biological pathways, such as enzyme inhibition or receptor modulation. Commonly employed in medicinal chemistry research to explore novel drug candidates for treating diseases like cancer, inflammation, or neurological disorders. Also utilized in the preparation of heterocyclic compounds, which are essential in agrochemical and material science industries. Its reactivity allows for further functionalization, making it a versatile building block in chemical synthesis.