This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly as an intermediate in the production of active pharmaceutical ingredients (APIs). It is often employed in the development of drugs targeting central nervous system disorders due to its structural properties, which allow it to interact effectively with biological targets. Additionally, it serves as a key building block in the creation of heterocyclic compounds, which are essential in medicinal chemistry for designing molecules with therapeutic potential. Its applications also extend to research and development laboratories, where it is used to study chemical reactions and explore new drug candidates.