This chemical is primarily used in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of drugs targeting various medical conditions, including cardiovascular diseases and central nervous system disorders. Its structure allows for modifications that enhance the efficacy and selectivity of the final drug molecules. Additionally, it is utilized in research laboratories for the development of novel therapeutic agents, contributing to advancements in medicinal chemistry. Its role in organic synthesis also extends to agrochemicals, where it aids in creating compounds with potential applications in crop protection and pest management.