Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in the creation of compounds targeting neurological disorders, such as antidepressants and antipsychotics, due to its piperazine moiety, which enhances binding affinity to certain receptors. Additionally, it finds application in the development of anti-inflammatory and antimicrobial agents, contributing to the advancement of therapeutic treatments. Its versatility in organic synthesis also makes it useful in the production of complex chemical structures for drug discovery programs.