Used as an intermediate in the synthesis of various pharmaceuticals, particularly in the production of compounds with potential therapeutic effects. It plays a role in the development of drugs targeting neurological disorders, such as Parkinson's and Alzheimer's diseases, due to its structural properties that can influence neurotransmitter activity. Additionally, it is utilized in organic chemistry research for the creation of complex molecules, contributing to advancements in medicinal chemistry and drug discovery. Its applications also extend to the study of chemical reactions and mechanisms, aiding in the development of new synthetic methodologies.