Used primarily in the synthesis of pharmaceuticals, this compound serves as an intermediate in the production of various therapeutic agents. It is particularly valuable in the development of drugs targeting the central nervous system, where its structural properties facilitate the creation of molecules with specific biological activity. Additionally, it finds application in the manufacture of agrochemicals, contributing to the formulation of pesticides and herbicides that require precise chemical interactions to be effective. Its role in organic synthesis extends to research and development, where it aids in the exploration of new chemical entities with potential industrial and medicinal uses.