Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of drugs targeting the central nervous system, where it can help modulate neurotransmitter activity. Additionally, it finds application in the creation of potential therapeutic agents for treating neurological disorders, such as anxiety and depression. In medicinal chemistry, it is often utilized to optimize drug candidates for improved efficacy and reduced side effects. Its versatility also extends to agrochemical research, where it contributes to the design of novel pesticides and herbicides.