This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of active pharmaceutical ingredients (APIs) for therapeutic drugs. It serves as a key building block in the creation of compounds targeting neurological and psychiatric disorders, such as anxiety and depression, due to its structural properties that interact with specific receptors in the brain. Additionally, it is employed in research settings for studying the structure-activity relationships of molecules, aiding in the design of more effective drugs with optimized pharmacological profiles. Its application extends to agrochemical research, where it contributes to the development of novel pesticides or herbicides by acting as a precursor in the synthesis of biologically active molecules.