Used primarily as a building block in organic synthesis, this compound serves as an intermediate in the preparation of pharmaceuticals and biologically active molecules. Its alkyne and amine functional groups allow for participation in click chemistry, particularly copper-catalyzed azide-alkyne cycloaddition (CuAAC), enabling efficient conjugation in drug discovery and bioconjugation applications. It is also employed in the synthesis of propargyl-containing compounds that show potential in neuroscience research due to their neuroprotective properties. Additionally, it acts as a precursor in the development of specialty chemicals, including agrochemicals and functional materials.