Used in pharmaceutical research as a key intermediate in the synthesis of various bioactive compounds. It plays a significant role in the development of potential therapeutic agents targeting neurological disorders, including Alzheimer's disease and other cognitive impairments. Its structural properties make it valuable for designing molecules that interact with specific receptors in the brain. Additionally, it is utilized in the preparation of compounds with potential analgesic and anti-inflammatory properties, contributing to the exploration of new pain management therapies. Researchers also employ it in the study of enzyme inhibition, particularly in the context of neurodegenerative diseases. Its versatility in medicinal chemistry makes it a crucial component in drug discovery and development pipelines.