Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the creation of drugs targeting central nervous system disorders, cancer, and infectious diseases. Its unique structure allows for the introduction of specific functional groups, enabling the design of molecules with enhanced biological activity and selectivity. Additionally, it finds application in agrochemical research for the development of novel pesticides and herbicides, contributing to improved crop protection strategies.