Used primarily in the synthesis of various pharmaceutical compounds, this chemical serves as a key intermediate in the production of drugs targeting cardiovascular and central nervous system disorders. Its structure allows it to act as a building block for creating molecules with potential antihypertensive and antidepressant properties. Additionally, it finds application in agrochemical research, where it contributes to the development of herbicides and plant growth regulators. The compound’s reactivity with other organic molecules makes it valuable in organic synthesis for creating complex chemical structures.