This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting neurological and cardiovascular conditions. It serves as a key intermediate in the production of drugs that exhibit antihypertensive and vasodilatory effects, helping to manage blood pressure and improve blood flow. Additionally, it is employed in the development of compounds with potential antipsychotic and antidepressant properties, making it valuable in mental health treatment. Its structural properties also make it suitable for research in organic chemistry, particularly in the study of heterocyclic compounds and their biological activities.