This compound is primarily utilized in research settings, particularly in the study of neurological and biochemical pathways. It serves as a key intermediate in the synthesis of more complex molecules that are investigated for their potential therapeutic effects. Researchers often employ it in the development of compounds targeting specific receptors or enzymes within the central nervous system, aiming to explore treatments for neurological disorders. Additionally, its structural features make it a candidate for further modification to enhance bioavailability or selectivity in drug development processes.