This chemical is primarily used in organic synthesis, particularly in the construction of complex molecules. It serves as a key intermediate in the production of pharmaceuticals, especially in the development of compounds with potential therapeutic effects. Its structure allows it to participate in various reactions, such as cyclizations and condensations, making it valuable for creating heterocyclic compounds. Additionally, it is utilized in research settings to explore new chemical pathways and develop novel bioactive molecules. Its application is significant in medicinal chemistry for designing and optimizing drug candidates.