This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting therapeutic applications. Its structural properties make it valuable in the design of molecules with potential antibacterial or antifungal activities. Researchers often incorporate it into the development of new drugs due to its ability to interact with biological targets effectively. Additionally, it is explored in the creation of novel agrochemicals, contributing to advancements in crop protection and pest management. Its versatility in chemical reactions also makes it a useful component in organic synthesis for producing complex molecules.