This compound is primarily utilized in the synthesis of various pharmaceutical agents, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of imidazole-based drugs, which are known for their therapeutic effects in treating conditions like anxiety, depression, and epilepsy. Additionally, its structural properties make it valuable in the development of novel compounds with potential anti-inflammatory and antimicrobial activities. Researchers also explore its use in organic synthesis for creating complex molecules with diverse biological applications.