Used in the synthesis of various pharmaceutical compounds, this chemical serves as a key intermediate in the development of drugs targeting neurological and cardiovascular disorders. It is particularly valuable in creating molecules that exhibit anti-inflammatory, analgesic, and antihypertensive properties. Additionally, it plays a role in the production of agrochemicals, contributing to the formulation of pesticides and herbicides. Its versatile structure allows for modifications that enhance the efficacy of active ingredients in both medical and agricultural applications. Researchers also explore its potential in organic synthesis for constructing complex heterocyclic compounds.