Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in creating compounds with potential therapeutic applications, such as inhibitors for specific enzymes or receptors. Additionally, it finds utility in agrochemical research for developing novel pesticides or herbicides. The compound’s unique reactivity also makes it a candidate for use in organic synthesis, particularly in constructing complex heterocyclic frameworks. Its applications are largely confined to laboratory settings, where it contributes to the advancement of medicinal and agricultural chemistry.