Used in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in developing drugs targeting the central nervous system, such as analgesics and anticonvulsants. Additionally, it finds application in the creation of ligands for receptor studies, aiding in the understanding of neurological pathways. Its versatility also extends to agrochemical research, where it contributes to the development of novel pesticides and herbicides.