This chemical is primarily utilized as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs) for various therapeutic areas, including neurological, cardiovascular, oncology, and infectious diseases. Its structure facilitates further chemical modifications, enabling the creation of derivatives with potential therapeutic effects. Additionally, it is employed in research and development for exploring new drug candidates in medicinal chemistry and plays a significant role in organic synthesis for constructing complex molecules in industrial applications.