This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of biologically active compounds, particularly those targeting neurological disorders. Its structure is often incorporated into molecules designed to interact with specific receptors in the brain, making it valuable for developing potential treatments for conditions like anxiety, depression, and epilepsy. Additionally, it is explored in agrochemical research for creating novel pesticides or herbicides due to its potential to disrupt specific biological pathways in pests or weeds. Its versatility in organic synthesis also makes it a useful building block for constructing complex molecules in drug discovery programs.