2,3-Pyrazinedimethanol is primarily utilized in the synthesis of various pharmaceutical compounds due to its versatile chemical structure. It serves as a key intermediate in the production of drugs targeting neurological disorders, particularly those involving the central nervous system. Its application extends to the development of anticonvulsant and neuroprotective agents, where its ability to form stable derivatives enhances drug efficacy. Additionally, it is employed in organic synthesis for creating complex molecules with potential therapeutic properties, including antiviral and anticancer agents. Its role in research and development is significant, particularly in the design of novel compounds for medicinal chemistry.