Used primarily in biochemical research, this compound serves as a key reagent in the study of enzyme inhibition, particularly in relation to monoamine oxidase (MAO) enzymes. Its role in MAO inhibition makes it valuable for investigating neurological pathways and potential treatments for conditions like depression and Parkinson's disease. Additionally, it is employed in the synthesis of various pharmaceuticals and organic compounds, contributing to the development of new drugs and therapeutic agents. In laboratory settings, it is also utilized for its ability to modify and stabilize certain chemical reactions, aiding in the production of complex molecules.