This compound is primarily utilized in the field of organic synthesis, particularly as an intermediate in the production of various pharmaceuticals. Its structure makes it valuable for constructing complex molecules, often serving as a building block in the synthesis of active pharmaceutical ingredients (APIs). It is also employed in the development of biologically active compounds, including potential drug candidates for treating neurological disorders and other medical conditions. Additionally, its stability and reactivity make it suitable for use in research and development processes, aiding in the discovery of new therapeutic agents.