Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various active ingredients. Its structure allows it to act as a building block in the development of drugs targeting neurological and cardiovascular conditions. Additionally, it finds application in the creation of specialty chemicals used in research and development, particularly in the study of receptor interactions and enzyme activity. Its versatility also extends to the field of agrochemicals, where it contributes to the formulation of compounds designed to enhance crop protection and yield.