Used primarily in research settings, this compound is studied for its interactions with neurotransmitter systems, particularly dopamine and serotonin receptors. Its applications are largely confined to pharmacological and neurochemical studies, where it helps in understanding the mechanisms of psychoactive substances. Researchers utilize it to explore potential therapeutic effects or to model behavioral and neurological responses in experimental studies. It is not approved for medical use and is handled strictly within controlled laboratory environments to ensure safety and compliance with regulatory standards.