Used in the synthesis of pharmaceuticals, particularly in the development of compounds with potential therapeutic effects. It serves as a key intermediate in the production of drugs targeting neurological disorders, such as antidepressants and antipsychotics. Additionally, it is utilized in organic chemistry research to create complex molecules for studying biological activities. Its role in the preparation of agrochemicals also highlights its importance in enhancing crop protection products. The compound’s versatility makes it valuable in both industrial and academic settings for developing innovative chemical solutions.