This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structure is often leveraged in the development of compounds that interact with specific receptors in the brain, such as GABA receptors, to modulate their activity. Researchers also explore its potential in creating novel therapeutics for conditions like anxiety, epilepsy, and depression. Additionally, its unique chemical properties make it valuable in the design and optimization of drug candidates with improved efficacy and reduced side effects.