This compound is primarily utilized in organic synthesis as a key intermediate for the development of various biologically active molecules. Its unique structure makes it valuable in the creation of heterocyclic compounds, which are often explored for their potential pharmaceutical applications. Researchers leverage its reactivity to design and synthesize novel compounds with potential antimicrobial, anticancer, or antiviral properties. Additionally, it serves as a building block in medicinal chemistry for the development of drug candidates targeting specific biological pathways or enzymes. Its application extends to agrochemical research, where it may be used to develop new pesticides or herbicides with improved efficacy.