Used in pharmaceutical research, it serves as a key intermediate in the synthesis of various drugs, particularly those targeting neurological disorders. Its structure is valuable in developing compounds with potential anti-inflammatory and analgesic properties. In agrochemicals, it contributes to the creation of pesticides and herbicides, enhancing crop protection. Additionally, it is employed in organic synthesis for constructing complex molecules, aiding in the development of new materials and chemicals. Its versatility makes it a crucial component in advancing both medicinal and agricultural sciences.