This compound is primarily used in the synthesis of various pharmaceutical intermediates, particularly in the development of drugs targeting neurological and cardiovascular conditions. It serves as a key building block in the production of compounds that exhibit anticonvulsant and antihypertensive properties. Additionally, it is utilized in research settings to study its potential as a precursor for bioactive molecules, contributing to advancements in medicinal chemistry. Its application extends to the development of novel therapeutic agents, making it valuable in drug discovery and development processes.