This chemical is primarily used in the synthesis of various pharmaceutical compounds, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of drugs with potential antidepressant or anxiolytic properties. Its structure is valuable in medicinal chemistry for designing molecules that interact with specific neurotransmitter systems. Additionally, it finds application in organic synthesis as a building block for creating complex heterocyclic compounds, which are often explored for their biological activities. Researchers also utilize it in the development of novel agrochemicals, where its derivatives may exhibit herbicidal or pesticidal properties. Its versatility in chemical reactions makes it a useful component in the development of new materials and bioactive molecules.