This compound is primarily utilized in the field of organic synthesis and medicinal chemistry. It serves as a key intermediate in the development of various biologically active molecules, particularly in the synthesis of quinoline derivatives. These derivatives are often explored for their potential pharmacological properties, including antimicrobial, anticancer, and anti-inflammatory activities. Additionally, it is employed in research to study the structure-activity relationships of quinoline-based compounds, aiding in the design of new drugs with improved efficacy and safety profiles.