This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its structure is particularly valuable in the development of compounds with potential therapeutic effects, such as inhibitors for specific enzymes or receptors. Researchers often employ it in the synthesis of isoquinoline derivatives, which are known for their biological activities, including anti-inflammatory, anticancer, and antimicrobial properties. Additionally, it is used in the study of chemical reactions and mechanisms, aiding in the design of novel drug candidates. Its role in medicinal chemistry highlights its importance in advancing drug discovery and development processes.