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 makes it valuable for developing compounds with potential therapeutic effects, particularly in the area of central nervous system (CNS) disorders. Researchers have explored its use in creating drugs that target neurological conditions, such as depression, anxiety, and cognitive impairments. Additionally, it has been investigated for its role in the development of antiviral and antibacterial agents, showcasing its versatility in medicinal chemistry. Its application extends to drug discovery programs, where it serves as a building block for designing novel molecules with enhanced efficacy and reduced side effects.