This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of certain drugs, especially those targeting neurological and cardiovascular disorders. Its structure is valuable in creating molecules that interact with specific receptors or enzymes, enhancing drug efficacy and selectivity. Additionally, it is employed in the study of chiral compounds, aiding in the development of enantiomerically pure substances, which are critical for reducing side effects and improving therapeutic outcomes. Its applications also extend to preclinical studies, where it is used to explore potential new treatments and optimize drug formulations.