Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of drugs targeting neurological disorders, including anxiety and depression, due to its ability to interact with specific receptors in the brain. Additionally, it is explored for its potential in creating anti-inflammatory and antimicrobial agents, making it a versatile component in medicinal chemistry. Researchers also investigate its utility in designing novel therapeutic agents for treating chronic diseases, leveraging its unique chemical properties to enhance drug efficacy and selectivity.