Used in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting neurological disorders. Acts as a key intermediate in the production of bioactive molecules with potential therapeutic effects. Applied in organic chemistry research for studying reaction mechanisms and creating novel furan-based derivatives. Utilized in the development of peptide analogs and other biologically active compounds, contributing to advancements in medicinal chemistry. Its furan ring structure makes it valuable in designing molecules with specific binding properties for drug discovery and development.