This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various bioactive compounds. Its unique structure makes it valuable in the development of drugs targeting central nervous system disorders, including anxiety and depression. Additionally, it serves as a building block in the creation of molecules with potential anti-inflammatory and analgesic properties. Researchers also explore its use in designing novel therapeutic agents for metabolic diseases, leveraging its chemical framework to enhance drug efficacy and selectivity. Its application extends to agrochemical research, where it contributes to the development of new pesticides with improved safety and environmental profiles.