Used in pharmaceutical research, it serves as a key intermediate in the synthesis of various biologically active compounds. Its structure is valuable in developing drugs targeting central nervous system disorders, including anxiety and depression. Additionally, it is utilized in the creation of antimicrobial agents, contributing to the fight against resistant bacterial strains. In material science, it aids in the design of organic electronic materials, enhancing the performance of devices like organic light-emitting diodes (OLEDs). Its versatility also extends to agrochemical research, where it helps in formulating new pesticides to improve crop protection.