Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. It serves in the production of selective enzyme inhibitors and receptor modulators due to its structural compatibility with bioactive molecules. Its derivative formation enhances metabolic stability and binding affinity in drug candidates. Also employed in agrochemicals for the design of novel pesticides with improved efficacy and environmental profile. Commonly utilized in research settings for heterocyclic compound development and medicinal chemistry optimization.