This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting therapeutic areas such as antimicrobial and anticancer agents. Its structure is often incorporated into the design of novel compounds to enhance their efficacy and selectivity. Additionally, it is explored in agrochemical research for the development of new pesticides and herbicides, leveraging its potential to disrupt biological processes in pests and weeds. The compound’s versatility makes it a valuable building block in organic synthesis, contributing to advancements in medicinal and agricultural chemistry.