Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various drugs. Its structure is particularly valuable in the development of central nervous system (CNS) agents, where it contributes to the creation of compounds that target neurological disorders. Additionally, it finds application in the research and development of new therapeutic agents, aiding in the exploration of novel treatments for conditions such as depression and anxiety. Its role in organic synthesis also extends to the creation of complex molecules used in medicinal chemistry, where it helps in optimizing drug efficacy and safety profiles.