Used in pharmaceutical research as a building block for synthesizing various drug candidates, particularly those targeting neurological disorders. Its structure is valuable in developing compounds with potential therapeutic effects on the central nervous system. Additionally, it serves as an intermediate in organic synthesis for creating complex molecules with specific biological activities. Its application extends to agrochemical research, where it aids in the development of novel pesticides or herbicides. The compound's versatility makes it a key component in medicinal chemistry and material science.