Used as a key intermediate in the synthesis of various pharmaceutical compounds, particularly those targeting central nervous system disorders. It plays a crucial role in the development of molecules with potential therapeutic effects, such as neuroprotective agents or treatments for neurodegenerative diseases. Additionally, it is employed in organic chemistry research for constructing complex heterocyclic structures, which are valuable in drug discovery and medicinal chemistry. Its application extends to the production of bioactive compounds with potential antiviral or anticancer properties.