Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various drugs, particularly those targeting central nervous system disorders. Its structure allows for the development of molecules with potential therapeutic effects. Additionally, it is utilized in agrochemical research to create compounds that may act as pesticides or herbicides, offering protection to crops by targeting specific biological pathways in pests or weeds. The chemical's versatility also extends to material science, where it contributes to the development of advanced materials with specific electronic or mechanical properties.