Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various drugs. Its structure is valuable in creating molecules with potential therapeutic effects, particularly in the development of treatments for neurological disorders and infections. Additionally, it finds application in agrochemical research, aiding in the design of new pesticides and herbicides. Its reactivity and functional groups make it a versatile building block in organic chemistry, enabling the creation of complex compounds for diverse industrial uses.