This chemical is primarily used in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs that target neurological and cardiovascular systems. Its structure allows it to act as a building block for creating molecules with potential therapeutic effects, particularly in the development of antidepressants and antihypertensive medications. Additionally, it is utilized in research settings to study its interactions with biological systems, aiding in the discovery of new drug candidates. Its applications also extend to the field of agrochemicals, where it is employed in the formulation of pesticides and herbicides, contributing to crop protection and yield improvement.