Used in pharmaceutical research as a key intermediate in the synthesis of various biologically active compounds. Plays a role in developing potential therapeutic agents, particularly in the study of antiviral and anticancer drugs. Its structure is valuable in organic synthesis for creating complex molecules with medicinal properties. Also explored in agricultural chemistry for designing novel pesticides or herbicides. Its derivatives are investigated for their potential to inhibit specific enzymes or pathways, making it a versatile compound in drug discovery and development.