Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of more complex molecules for pharmaceutical and agrochemical applications. Its structure contains reactive sites that allow for further chemical modifications, making it valuable in the development of bioactive compounds. The presence of the chloroacetamide group enables alkylation reactions, while the propynyl and phenylethyl moieties can influence selectivity and binding in target molecules. It is particularly useful in research settings for constructing nitrogen-containing heterocycles and studying reaction mechanisms involving amide and alkyne functionalities.