Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of drugs targeting central nervous system disorders, including anticonvulsants and anxiolytics. Additionally, it is employed in the production of compounds with potential antibacterial and antifungal properties, making it relevant in the fight against microbial resistance. The compound's unique chemical structure allows for modifications that enhance drug efficacy and specificity, contributing to advancements in medicinal chemistry.