Used primarily in the synthesis of pharmaceutical intermediates, this compound serves as a key building block in the production of certain analgesic and anti-inflammatory agents. Its structure allows for efficient coupling reactions in organic synthesis, making it valuable in developing active pharmaceutical ingredients (APIs). It is also employed in research settings for the preparation of novel amine derivatives with potential biological activity. Due to its reactivity, it is particularly useful in the development of central nervous system (CNS) active compounds and has been explored in the context of antidepressant and stimulant drug development.