Used in organic synthesis as a key intermediate for the development of pharmaceutical compounds. It plays a role in the creation of molecules with potential biological activity, particularly in the design of drugs targeting neurological disorders or infectious diseases. Its structure allows for further functionalization, making it valuable in medicinal chemistry research. Additionally, it can be utilized in the synthesis of agrochemicals, contributing to the development of new pesticides or herbicides. Its versatility in chemical reactions makes it a useful building block in various industrial and research applications.