This compound is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of biologically active compounds, including potential drug candidates. Its structure is valuable for constructing piperazine-based frameworks, which are commonly found in medications targeting central nervous system disorders, such as antipsychotics and antidepressants. Additionally, it is employed in research and development for creating novel compounds with potential therapeutic applications, leveraging its reactive sites for further chemical modifications.