Used primarily in pharmaceutical research, it serves as a key intermediate in the synthesis of various biologically active compounds. Its structure is valuable in developing drugs targeting neurological disorders, such as epilepsy and anxiety, due to its ability to modulate neurotransmitter activity. Additionally, it is employed in the creation of agrochemicals, particularly in designing herbicides and fungicides, owing to its reactivity and stability. In material science, it contributes to the development of organic electronic materials, enhancing the performance of semiconductors and conductive polymers. Its versatility also extends to organic synthesis, where it acts as a building block for complex molecules in medicinal and industrial chemistry.