This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs) that target neurological and cardiovascular disorders. Its structure serves as a key intermediate in the production of drugs that modulate specific receptors or enzymes in the body. Additionally, it is employed in organic synthesis for creating complex molecules with potential applications in medicinal chemistry and drug discovery. Its role in these processes is crucial for optimizing the efficacy and selectivity of therapeutic agents.