This compound is primarily utilized in the synthesis of various pharmaceuticals, particularly those targeting neurological and metabolic disorders. It serves as a key intermediate in the production of drugs that modulate neurotransmitter activity, aiding in the treatment of conditions like epilepsy and Parkinson's disease. Additionally, it is employed in the development of compounds that regulate metabolic pathways, potentially benefiting individuals with metabolic syndrome or diabetes. Its role in research extends to studying enzyme mechanisms and designing inhibitors for specific biochemical processes, contributing to advancements in medicinal chemistry.