This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its unique structure allows it to participate in complex reactions, enabling the production of compounds with specific therapeutic properties. It is often employed in the development of drugs targeting neurological disorders, where precise molecular configurations are crucial for efficacy. Additionally, it finds application in research laboratories for the study of biochemical pathways and drug metabolism, aiding in the discovery of new treatments. Its role in medicinal chemistry underscores its importance in advancing healthcare solutions.