Primarily utilized in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of drugs targeting infectious diseases, as it can be modified to enhance antimicrobial properties. Additionally, it finds application in the creation of advanced materials, where its chemical framework contributes to the development of organic semiconductors and other electronic components. In agrochemical research, it is explored for its potential in designing new pesticides and herbicides, leveraging its reactivity to target specific biological pathways in pests and weeds.