This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those with potential therapeutic properties. Its structure is often leveraged in the creation of molecules that exhibit antimicrobial, anticancer, or anti-inflammatory activities. Additionally, it is employed in organic synthesis to construct complex heterocyclic frameworks, which are crucial in drug discovery and medicinal chemistry. Its versatility makes it a valuable component in the design and optimization of novel drug candidates.