This chemical is primarily used in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active compounds. Its structure makes it valuable for creating molecules with potential therapeutic properties, particularly in the development of drugs targeting neurological disorders, such as anxiety, depression, and epilepsy. Additionally, it serves as a building block in organic chemistry for constructing complex heterocyclic compounds, which are often explored for their pharmacological activities. Its application extends to material science, where it may be utilized in the design of advanced materials with specific electronic or optical properties.