This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of biologically active molecules. It serves as a key building block in the preparation of piperazine derivatives, which are commonly found in drugs targeting central nervous system disorders, such as antipsychotics and antidepressants. Additionally, it is employed in the production of compounds with potential antimicrobial and anti-inflammatory properties. Its structural versatility makes it valuable in medicinal chemistry research for designing and optimizing drug candidates.