This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of compounds that exhibit therapeutic potential, such as those targeting neurological or psychiatric disorders. Its structural features make it valuable for designing molecules that interact with specific receptors or enzymes in the body. Additionally, it may be employed in the development of novel drugs for conditions like anxiety, depression, or other central nervous system-related ailments. Its role in medicinal chemistry underscores its importance in creating effective and targeted treatments.