Primarily utilized in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of potential therapeutic agents targeting neurological disorders, including Parkinson’s disease and other neurodegenerative conditions. Additionally, it finds application in the creation of inhibitors for specific enzymes and receptors, aiding in the study of cellular pathways and drug discovery. Its versatility also extends to organic synthesis, where it is employed to construct complex heterocyclic compounds with potential medicinal properties.