Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. It serves as a building block in the production of GABA receptor modulators, which are important for treating neurological disorders such as anxiety, insomnia, and epilepsy. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also employed in the creation of agrochemicals and in research for developing new heterocyclic compounds with biological activity.