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 antipsychotic and antidepressant medications, contributing to the development of drugs that modulate neurotransmitter activity. Additionally, it is employed in research settings for the creation of novel bioactive molecules, aiding in the exploration of new therapeutic agents. Its role in organic synthesis also extends to the preparation of complex heterocyclic compounds, which are valuable in medicinal chemistry and drug discovery.