Used primarily in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various drugs, particularly those targeting bacterial and fungal infections. Its structural properties make it valuable for developing antimicrobial agents, where it contributes to the efficacy and stability of the final product. Additionally, it is explored in research for potential applications in treating diseases related to oxidative stress due to its antioxidant properties. In organic chemistry, it is utilized as a building block for creating more complex molecules, aiding in the study of chemical reactions and mechanisms. Its derivatives are also investigated for their potential use in cancer therapy, leveraging their ability to interfere with cellular processes.