This chemical is primarily used in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. Its structure allows it to act as a building block in the creation of compounds with potential biological activity. It is often employed in the development of drugs targeting the central nervous system due to its ability to interact with neural receptors. Additionally, it finds application in the synthesis of specialty chemicals used in research and industrial processes. Its versatility makes it valuable in the preparation of complex molecules for therapeutic and experimental purposes.