Used primarily in the synthesis of pharmaceutical compounds, this chemical serves as a key intermediate in the development of drugs targeting neurological disorders. Its structure is particularly valuable in creating analogs that interact with specific receptors in the brain, aiding in the treatment of conditions like anxiety and depression. Additionally, it is employed in organic chemistry research to explore novel reaction pathways and develop new bioactive molecules. Its versatility also extends to the field of medicinal chemistry, where it is utilized to optimize drug efficacy and reduce side effects.