This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs, particularly those targeting neurological and cardiovascular disorders. Its structural properties make it valuable in the development of bioactive molecules, enabling the creation of more effective and targeted medications. Additionally, it is used in organic chemistry research for the preparation of complex organic compounds, aiding in the exploration of new chemical reactions and pathways. Its role in drug discovery and development highlights its significance in advancing medical treatments and therapeutic solutions.