This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of drugs targeting neurological disorders, such as antidepressants and antipsychotics. Additionally, it is employed in the preparation of organic compounds with potential biological activities, including antimicrobial and anticancer agents. Its role in organic synthesis also extends to the creation of complex molecules for research and development in medicinal chemistry.