This chemical is primarily used in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting neurological disorders. It serves as a key intermediate in the production of nootropic agents, which enhance cognitive functions such as memory and focus. Additionally, it is employed in the creation of anti-inflammatory and analgesic medications, contributing to the treatment of chronic pain and inflammation-related conditions. Its versatility also extends to the field of organic chemistry, where it is utilized in the preparation of various heterocyclic compounds, further broadening its application in drug discovery and development.