Used primarily as an intermediate in the synthesis of calcium channel blockers, this compound plays a key role in the development of pharmaceuticals for cardiovascular diseases. It is especially valuable in the production of dihydropyridine-based drugs that help manage hypertension and angina by relaxing blood vessels and improving blood flow. Due to its specific substitution pattern, it allows for high selectivity and potency in the final drug product. Its derivatives are also studied for potential applications in treating neurological disorders and as antispasmodic agents.