This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various biologically active compounds. It plays a crucial role in the development of drugs targeting neurological disorders, particularly those involving the modulation of GABA receptors. Its structural framework is valuable in creating compounds with potential anxiolytic, anticonvulsant, or sedative properties. Additionally, it is employed in research settings for the design and optimization of novel therapeutic agents, contributing to advancements in medicinal chemistry.