Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of selective adrenergic receptor agonists and antagonists. It plays an important role in the preparation of compounds with cardiovascular and central nervous system activity. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also employed in the production of agrochemicals and bioactive molecules due to its stable dioxane ring and favorable substitution pattern.