This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of various therapeutic agents, including those targeting neurological disorders and cardiovascular diseases. Its structural properties make it valuable for creating compounds with specific biological activities, such as receptor modulation or enzyme inhibition. Additionally, it is employed in the development of novel drug candidates, aiding in the exploration of new treatment pathways. Its application extends to medicinal chemistry, where it is used to optimize drug efficacy and safety profiles.