This compound is primarily used in pharmaceutical research and development as an intermediate in the synthesis of more complex molecules. It is particularly valuable in the creation of active pharmaceutical ingredients (APIs) that target specific biological pathways. Its structure makes it suitable for modifications that enhance drug efficacy and selectivity. Researchers often utilize it in the development of potential treatments for neurological disorders, cardiovascular diseases, and other medical conditions. Additionally, it serves as a building block in organic chemistry for constructing heterocyclic compounds, which are essential in medicinal chemistry. Its applications are largely focused on advancing drug discovery and optimizing therapeutic agents.