Used primarily in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of compounds with potential therapeutic effects, particularly in the design of drugs targeting specific receptors or enzymes. Its structural features make it valuable in creating molecules with enhanced bioactivity and selectivity. Additionally, it may be utilized in research settings for the study of chemical reactions and the development of novel synthetic pathways. Its applications are largely confined to laboratory and industrial-scale chemical synthesis rather than direct commercial use.