This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting central nervous system disorders. Its unique structure allows it to be incorporated into molecules designed to interact with specific receptors or enzymes, potentially leading to the development of new therapeutic agents. Additionally, it is explored in the creation of novel heterocyclic compounds, which are often investigated for their antimicrobial, antiviral, or anticancer properties. Its application extends to organic synthesis, where it is used to build complex molecular frameworks for further chemical modifications.