Used primarily in pharmaceutical research as a building block for the synthesis of complex molecules. It serves as an intermediate in the development of various therapeutic agents, particularly those targeting the central nervous system. Its structural features make it valuable in designing compounds with potential antipsychotic, antidepressant, or anxiolytic properties. Additionally, it is employed in organic chemistry to study reaction mechanisms and optimize synthetic pathways. Its versatility also extends to material science, where it aids in the creation of specialized polymers and coatings.