Primarily used in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the creation of compounds with potential therapeutic applications, such as anti-inflammatory and analgesic agents. Additionally, it plays a role in the development of novel drugs targeting neurological disorders due to the ability of derived compounds to interact with specific receptors in the brain. In organic chemistry, it is utilized in the preparation of complex heterocyclic compounds, which are essential in the design of new materials and catalysts. Its versatility also extends to agrochemical research, where it contributes to the development of new pesticides and herbicides.