Used in pharmaceutical research as a building block for the synthesis of various biologically active compounds. It plays a role in the development of potential drug candidates, particularly in the creation of molecules targeting neurological disorders. Its structure is valuable in medicinal chemistry for designing compounds with specific receptor-binding properties. Additionally, it is explored in the production of agrochemicals, contributing to the development of new pesticides or herbicides. Its versatility makes it a key intermediate in organic synthesis for specialized chemical applications.