Used primarily in the synthesis of pharmaceuticals, this compound serves as an intermediate in the production of various active pharmaceutical ingredients (APIs). It is particularly valuable in the development of drugs targeting specific diseases, where its structural properties enable precise modifications. Additionally, it finds application in organic synthesis, aiding in the creation of complex molecules for research and industrial purposes. Its role in chemical reactions often involves acting as a building block for more intricate compounds, contributing to advancements in medicinal chemistry and material science.