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 pain management. Its structural properties make it valuable for designing molecules with specific biological activities, such as modulating neurotransmitter systems or acting as enzyme inhibitors. Additionally, it is explored in medicinal chemistry for its potential in creating novel drugs with improved efficacy and reduced side effects. The compound’s versatility also extends to its use in academic studies for understanding chemical interactions and reaction mechanisms in organic synthesis.