Used as a building block in the synthesis of various pharmaceuticals, particularly in the development of drugs targeting neurological disorders. It serves as a key intermediate in the production of chiral compounds, enhancing the efficacy and specificity of active pharmaceutical ingredients. Additionally, it is employed in the creation of agrochemicals, contributing to the development of more effective and environmentally friendly pesticides. Its role in organic synthesis also extends to the production of fine chemicals and specialty materials used in research and industrial applications.