Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the creation of molecules targeting central nervous system disorders, including antidepressants and antipsychotics. Additionally, it finds application in the development of agrochemicals, where it contributes to the formulation of herbicides and fungicides. Its unique chemical properties also make it suitable for use in organic synthesis, aiding in the production of complex organic compounds with high specificity and efficacy.