This compound is primarily utilized in the synthesis of various pharmaceutical intermediates. It serves as a key building block in the development of active pharmaceutical ingredients (APIs), particularly in the creation of drugs targeting neurological and cardiovascular disorders. Additionally, it is employed in the production of agrochemicals, where it contributes to the formulation of pesticides and herbicides. Its role in organic synthesis is also notable, as it is used to construct complex molecules in research and industrial settings. The compound’s reactivity and structural features make it valuable in the design of novel compounds with potential therapeutic or agricultural applications.