This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of drugs that exhibit anticonvulsant and anxiolytic properties. Additionally, it finds application in the development of organic light-emitting diodes (OLEDs) due to its electron-transporting capabilities. Its structure is also explored in agrochemical research for creating novel pesticides and fungicides. Furthermore, it is employed in organic synthesis as a building block for constructing more complex heterocyclic compounds with potential biological activity.