This chemical is primarily used in the development of pharmaceutical compounds, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of certain drugs, especially those targeting central nervous system disorders or cardiovascular diseases. Its unique structure allows it to contribute to the efficacy and stability of the final drug product. Additionally, it is utilized in research and development for creating novel therapeutic agents, where its properties are leveraged to enhance drug delivery and bioavailability. In agrochemical applications, it may also be involved in the formulation of advanced crop protection products, aiding in the control of pests and diseases.