Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in the creation of drugs targeting neurological disorders, such as antidepressants and antipsychotics, due to its structural compatibility with central nervous system receptors. Additionally, it finds application in the development of small molecule inhibitors for enzymes involved in inflammatory and autoimmune diseases. Its versatility also extends to agrochemical research, where it contributes to the design of novel pesticides and herbicides.