Used as a key intermediate in the synthesis of various pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for drugs targeting neurological disorders and infectious diseases. It plays a crucial role in the production of agrochemicals, including herbicides and pesticides, due to its ability to enhance the efficacy of these compounds. Additionally, it is employed in organic synthesis for constructing complex molecules in research and industrial settings. Its unique structure allows for modifications that improve the selectivity and potency of target compounds.