This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those with potential antibacterial and antimicrobial properties. Its structure is often incorporated into the design of quinolone-based drugs, which are known for their effectiveness against a wide range of bacterial infections. Additionally, it is explored in the development of compounds targeting specific enzymes or receptors in biochemical pathways, making it valuable in the discovery of new therapeutic agents. Its application extends to organic synthesis, where it is used to create complex molecules for further biological evaluation.