Used in the synthesis of pharmaceuticals, particularly in the development of drugs targeting the central nervous system. It serves as a key intermediate in the production of compounds with potential antidepressant and anxiolytic properties. Additionally, it is employed in the creation of agrochemicals, where it contributes to the formulation of pesticides and herbicides. In organic chemistry, it acts as a building block for the preparation of complex molecules, including dyes and pigments. Its role in research extends to the study of biochemical pathways and receptor interactions, aiding in the discovery of new therapeutic agents.