This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring an oxadiazole ring and an aminomethyl group, makes it valuable for developing compounds with potential therapeutic properties, particularly in the design of enzyme inhibitors or receptor modulators. Researchers often employ it in the creation of novel drug candidates targeting diseases such as cancer, inflammation, or infectious diseases. Additionally, its trifluoroacetate salt form enhances its stability and solubility, facilitating its use in chemical reactions and purification processes.