Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its reactive chloromethyl group allows for efficient functionalization, making it valuable in the creation of pyridazine-based derivatives. These derivatives are often explored for their potential therapeutic applications, including as enzyme inhibitors or receptor modulators in drug discovery. Additionally, it finds utility in organic synthesis for constructing complex heterocyclic structures, which are important in medicinal chemistry and material science. Its role in facilitating the development of novel compounds underscores its significance in advancing chemical and pharmaceutical innovations.