This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of benzodiazepine derivatives. Benzodiazepines are a class of psychoactive drugs known for their anxiolytic, anticonvulsant, sedative, and muscle relaxant properties. The specific structure of this compound allows for further chemical modifications to develop new benzodiazepine-based pharmaceuticals with optimized therapeutic effects and reduced side profiles. Its role as a synthetic building block is crucial in the development of novel drugs targeting central nervous system disorders. Additionally, it may be used in research settings to study the structure-activity relationships of benzodiazepines, aiding in the discovery of more effective and safer therapeutic agents.