This chemical is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of compounds that target various diseases, including central nervous system disorders and infectious diseases. Its structure allows for the introduction of additional functional groups, enabling the exploration of diverse biological activities. Additionally, it is employed in organic chemistry studies to investigate reaction mechanisms and develop new synthetic methodologies. Its unique properties make it valuable in the design of molecules with potential therapeutic applications.