This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of specific neuroactive drugs, contributing to their efficacy and stability. Additionally, it is employed in agricultural chemistry for the development of advanced pesticides, where it enhances the potency and selectivity of active ingredients against pests. Its unique structure also makes it valuable in research settings for studying enzyme interactions and developing novel biochemical pathways.