Used primarily in pharmaceutical research, it serves as a key intermediate in the synthesis of various bioactive compounds. Its structure is particularly valuable in the development of drugs targeting the central nervous system, including potential treatments for neurological disorders. Additionally, it is utilized in the creation of molecules with potential anti-inflammatory and antimicrobial properties. Researchers also explore its role in designing inhibitors for specific enzymes, contributing to advancements in medicinal chemistry. Its versatility makes it a significant component in the discovery and optimization of novel therapeutic agents.