Used in pharmaceutical research as an intermediate in the synthesis of bioactive compounds, particularly in the development of drugs targeting neurological disorders. Its structure is valuable in creating molecules with potential therapeutic effects, such as enzyme inhibitors or receptor modulators. Additionally, it finds application in agrochemical research for designing novel pesticides or herbicides, leveraging its chemical properties to enhance efficacy and selectivity. Its role in organic synthesis also extends to the production of specialty chemicals and materials with specific functional properties.