Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of bioactive molecules with potential anticonvulsant and anti-inflammatory properties. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for constructing heterocyclic compounds. It is also employed in agrochemical research for designing novel pesticides due to its stability and reactivity. The chloromethyl group enables alkylation reactions, facilitating conjugation with other molecular fragments in drug design and development.