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| Application Area | Description | Importance | Regulatory Status |
|---|---|---|---|
| Pharmaceuticals | Used in the synthesis of active pharmaceutical ingredients. | High | Approved |
| Agriculture | Utilized as an intermediate in the production of agrochemicals. | Medium | Under Review |
| Biotechnology | Involved in the development of biotechnological assays. | High | Approved |
| Chemical Research | Used in various chemical synthesis processes. | High | Approved |