Primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. Additionally, it is employed in the production of compounds with potential anti-inflammatory and analgesic properties, making it valuable in pain management therapies. Its structural properties also make it a candidate for research in developing novel antimicrobial agents, contributing to the fight against resistant bacterial strains.