Used in pharmaceutical research as a key intermediate in the synthesis of various bioactive compounds, such as the antipsychotic drug risperidone. It plays a role in developing potential therapeutic agents, particularly in the design of central nervous system (CNS) drugs. Its structure is valuable for creating molecules with antipsychotic, antidepressant, or anxiolytic properties. Additionally, it is utilized in organic chemistry studies to explore novel heterocyclic compounds with potential medicinal applications. Its reactivity and functional groups make it a versatile building block in drug discovery and development processes.