Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of compounds targeting neurological disorders, such as inhibitors for enzymes involved in neurodegenerative diseases. Additionally, it finds application in the creation of potential therapeutic agents for cardiovascular conditions due to its ability to modulate specific biochemical pathways. In agrochemical research, it contributes to the design of novel pesticides and herbicides, leveraging its chemical framework to enhance efficacy and selectivity. Its versatility also extends to material science, where it aids in the development of advanced polymers with unique properties.