Used primarily as an intermediate in the synthesis of antifungal agents, particularly in the production of imidazole-based pharmaceuticals. Its structure allows for easy modification to form active compounds that inhibit fungal cell membrane synthesis. Commonly employed in the development of topical and systemic antifungal medications. Also utilized in research settings for designing new heterocyclic compounds with biological activity. Its oxime and imidazole functionalities contribute to metal chelation and enzyme inhibition properties, making it valuable in medicinal chemistry and drug discovery.