This chemical is primarily used in the synthesis of various pharmaceutical compounds, particularly those targeting neurological and cardiovascular conditions. Its structure makes it a valuable intermediate in the production of drugs that act on specific receptors in the brain, helping to regulate mood and cognitive functions. Additionally, it is employed in the development of anti-inflammatory and analgesic medications, contributing to the reduction of pain and inflammation in patients. In research settings, it serves as a key reagent in organic synthesis, enabling the creation of complex molecules for further biological testing and drug discovery. Its application extends to the field of agrochemicals, where it is utilized in the formulation of compounds that protect crops from pests and diseases, enhancing agricultural productivity.