Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structural features make it valuable in designing drugs targeting neurological disorders, particularly those involving modulation of neurotransmitter systems. It is also employed in the preparation of morpholine derivatives, which are explored for their potential therapeutic applications, including anti-inflammatory and analgesic properties. Additionally, it finds use in organic synthesis for creating complex molecules with potential pharmacological activities.