Primarily used in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the design of drugs targeting neurological disorders, such as epilepsy and anxiety, due to its ability to interact with specific receptors in the brain. Additionally, it finds application in the development of agrochemicals, where it contributes to the creation of novel pesticides and herbicides. Its versatility also extends to material science, where it is utilized in the synthesis of advanced organic materials with potential applications in electronics and optoelectronics.