Used primarily in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various drugs, particularly those targeting central nervous system disorders. Its structure is leveraged to develop molecules with potential therapeutic effects, such as anticonvulsants or neuroprotective agents. Additionally, it finds application in agrochemical research, aiding in the creation of novel pesticides or herbicides. Its versatility in organic synthesis also makes it valuable for constructing complex heterocyclic compounds in academic and industrial research settings.