Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It plays a significant role in the development of drugs targeting neurological disorders, such as epilepsy and anxiety, due to its structural properties that influence receptor activity. Additionally, it is utilized in the study of enzyme inhibitors, particularly those involved in metabolic pathways, aiding in the discovery of new therapeutic agents. Its stability and reactivity make it a valuable component in organic synthesis for creating complex chemical structures.