This chemical is primarily utilized in the field of medicinal chemistry, particularly in the development of pharmaceuticals targeting neurological disorders. Its unique structure makes it a valuable intermediate in synthesizing compounds that interact with specific receptors in the brain, potentially aiding in the treatment of conditions like anxiety, depression, and epilepsy. Additionally, it is explored for its potential application in cancer research, where it may play a role in inhibiting certain enzymes or pathways involved in tumor growth. Its versatility in drug design underscores its importance in advancing therapeutic innovations.