Used primarily in organic synthesis as a reagent or intermediate, it facilitates the production of various pharmaceutical compounds. Its structure makes it valuable in the formation of complex molecules, particularly in the development of drugs targeting neurological and cardiovascular diseases. Additionally, it serves as a catalyst or additive in certain chemical reactions, enhancing efficiency and selectivity. In research, it is employed to study reaction mechanisms and develop new synthetic pathways. Its applications also extend to the preparation of agrochemicals and specialty chemicals, contributing to advancements in crop protection and material science.