This chemical is primarily used in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of certain drugs, including those targeting specific receptors or enzymes in the body. Its structure allows for further chemical modifications, making it valuable in creating compounds with potential therapeutic effects. Additionally, it may be utilized in research settings to study chemical reactions or develop new drug candidates. Its application is largely confined to industrial and laboratory environments where precise chemical processes are required.