This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure is often incorporated into the development of pharmaceutical agents, particularly those targeting neurological and psychiatric disorders. Researchers have explored its potential in designing inhibitors for specific enzymes or receptors involved in disease pathways. Additionally, it has shown promise in the creation of novel compounds with potential anticancer properties, where its core structure can be modified to enhance efficacy and selectivity. Its versatility also extends to the development of agrochemicals, where it serves as a building block for creating new pesticides or herbicides with improved performance and reduced environmental impact.