Used primarily in the pharmaceutical industry, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of drugs targeting central nervous system disorders, including anticonvulsants and antipsychotics. Additionally, it finds application in the creation of novel compounds with potential anti-inflammatory and antimicrobial properties. Researchers also explore its utility in organic synthesis for constructing complex heterocyclic frameworks, which are essential in medicinal chemistry for drug discovery and development.