This compound is primarily utilized in the synthesis of various pharmaceuticals and organic compounds. It serves as a key intermediate in the development of drugs targeting neurological disorders, including epilepsy and anxiety. Its structure is particularly valuable in creating molecules that interact with specific receptors in the brain, enhancing therapeutic efficacy. Additionally, it is employed in research settings to explore new chemical reactions and pathways, contributing to advancements in medicinal chemistry. Its versatility and reactivity make it a crucial component in the production of complex organic molecules for both clinical and experimental purposes.