This compound is primarily utilized in pharmaceutical research and development, particularly in the study of potential therapeutic agents. It serves as a key intermediate in the synthesis of various biologically active molecules, especially those targeting central nervous system disorders. Researchers explore its role in modulating specific receptors or enzymes, which could lead to the development of new treatments for conditions such as anxiety, depression, or neurodegenerative diseases. Its structural features make it a valuable scaffold for designing compounds with enhanced efficacy and selectivity. Additionally, it is used in preclinical studies to evaluate pharmacokinetic properties and safety profiles, aiding in the optimization of drug candidates.