Used in pharmaceutical research as a key intermediate in the synthesis of bioactive molecules, particularly those targeting central nervous system disorders. Its structural features make it valuable in developing compounds with potential anticonvulsant and neuroprotective properties. Also employed in agrochemicals to enhance the stability and efficacy of certain crop protection agents. The compound's ability to act as a ligand in metal-catalyzed reactions supports its use in synthetic organic chemistry for constructing complex heterocyclic systems.