Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting the central nervous system. It plays a role in the production of compounds with potential analgesic, anti-inflammatory, or anticonvulsant properties. Additionally, it is utilized in organic chemistry research for constructing complex molecules due to its reactivity and versatility. Its application extends to agrochemicals, where it aids in the creation of pesticides or herbicides. The compound’s stability and functional group make it valuable in various industrial and laboratory processes.