This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly in the creation of potential drug candidates. Its structure, featuring both a furan and pyrimidine ring, makes it a valuable building block for designing compounds with therapeutic properties. Researchers often explore its derivatives for their potential applications in treating diseases such as cancer, infections, and inflammatory conditions. Additionally, it is investigated for its role in the synthesis of novel heterocyclic compounds, which are essential in medicinal chemistry for discovering new drugs with improved efficacy and safety profiles.