Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the creation of compounds targeting neurological disorders, such as anxiety and depression, due to its ability to interact with specific receptors in the brain. Additionally, it finds application in the development of novel anticancer agents, where its bromine moiety facilitates further functionalization to enhance therapeutic efficacy. Researchers also utilize it in the study of enzyme inhibition, aiding in the discovery of new drugs for metabolic and infectious diseases. Its versatility makes it a crucial component in medicinal chemistry and drug discovery pipelines.