This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of various therapeutic agents, including those targeting neurological and cardiovascular disorders. Its structure is advantageous in the construction of complex molecules, enabling the introduction of specific functional groups critical for biological activity. Additionally, it is employed in organic chemistry research for the development of novel heterocyclic compounds, contributing to advancements in drug discovery and medicinal chemistry. Its stability and reactivity make it a valuable component in multi-step synthetic processes.