This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of complex molecules. It is particularly valuable in the development of pharmaceuticals, contributing to the creation of active pharmaceutical ingredients (APIs) with potential therapeutic applications. Its unique structure allows it to participate in various chemical reactions, making it a versatile building block for constructing heterocyclic compounds. Additionally, it finds use in research and development for designing and testing new drug candidates, especially those targeting neurological or metabolic disorders. Its role in synthesizing biologically active molecules highlights its importance in advancing medicinal chemistry and drug discovery.