This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) that target neurological disorders. Its structure allows it to act as a key intermediate in the production of compounds that modulate neurotransmitter activity, making it valuable in the creation of drugs for conditions like depression, anxiety, and epilepsy. Additionally, it is employed in organic chemistry research as a building block for more complex molecules, aiding in the study of novel therapeutic agents. Its versatility in chemical reactions also makes it useful in the development of agrochemicals, contributing to the creation of pesticides and herbicides.