This chemical is primarily utilized in the pharmaceutical and research sectors as a key intermediate in the synthesis of various biologically active compounds. Its structure is particularly valuable in the development of drugs targeting the central nervous system, where it can be incorporated into molecules designed to interact with specific receptors or enzymes. Additionally, it serves as a building block in medicinal chemistry for creating compounds with potential anti-inflammatory, antimicrobial, or antiviral properties. Its applications extend to academic and industrial research, where it aids in the exploration of novel therapeutic agents and the optimization of drug candidates.