This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting neurological and cardiovascular systems. Its structural properties make it suitable for the development of drug candidates that interact with specific receptors or enzymes in the body. Additionally, it is employed in the preparation of compounds with potential therapeutic effects, such as anti-inflammatory, analgesic, or antihypertensive agents. Researchers also explore its use in creating novel molecules for studying biochemical pathways and drug mechanisms.