This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its structure is particularly valuable in the development of active pharmaceutical ingredients (APIs) that target specific biological pathways. Additionally, it finds application in the research and development of new drugs, particularly those aimed at treating neurological disorders and other conditions where modulation of specific enzymes or receptors is required. Its role in the synthesis of heterocyclic compounds also makes it relevant in the creation of agrochemicals and other specialty chemicals.