This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of antihistamines and other therapeutic agents. Its structure makes it a key building block for creating molecules that interact with biological systems, often targeting allergic reactions or inflammatory responses. In research, it serves as a precursor in the study of receptor binding and drug efficacy. Additionally, it may be employed in the preparation of specialized chemicals for analytical or diagnostic purposes, aiding in the identification and quantification of specific biological markers.