Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and bioactive compounds. Its structure supports the creation of nitrogen-containing heterocycles, which are common in medicinal chemistry. It has been explored in the design of central nervous system agents due to its similarity to neurotransmitter scaffolds. Also employed in the synthesis of ligands for metal-catalyzed reactions, enhancing reaction selectivity in asymmetric synthesis. Limited but growing interest in agrochemical applications for novel pesticide development.