This compound is primarily utilized in the synthesis of various pharmaceutical agents, particularly those targeting the central nervous system. It serves as a key intermediate in the production of imidazoline receptor agonists, which are used to treat conditions like hypertension and glaucoma. Additionally, it finds application in the development of anti-inflammatory and analgesic drugs due to its structural properties that allow for effective binding to specific biological targets. Its role in research is significant for designing and optimizing new therapeutic compounds with improved efficacy and reduced side effects.