Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various therapeutic agents. It is particularly valuable in the development of drugs targeting central nervous system disorders, owing to its structural properties that can influence neurological pathways. Additionally, it finds application in the creation of novel compounds with potential antimicrobial and antiviral activities, aiding in the fight against resistant strains of pathogens. Its role in medicinal chemistry is crucial for advancing new treatments and understanding disease mechanisms.