This compound is primarily utilized in the synthesis of various pharmaceuticals, particularly as an intermediate in the production of active pharmaceutical ingredients (APIs). Its structure makes it valuable for constructing complex molecules, especially in the development of drugs targeting neurological and inflammatory conditions. Additionally, it serves as a building block in organic chemistry for creating diverse heterocyclic compounds, which are essential in medicinal chemistry and drug discovery. Its application extends to research and development laboratories, where it is used to explore new chemical reactions and pathways for potential therapeutic agents.