This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of various drugs, especially those targeting specific enzymes or receptors in the body. Its structure is valuable in creating molecules with potential therapeutic effects, such as antiviral or anticancer agents. Additionally, it is employed in organic synthesis to construct complex heterocyclic compounds, which are often critical in medicinal chemistry. The compound’s reactivity and stability make it a versatile building block in the design and optimization of new drug candidates.