This compound is primarily utilized in pharmaceutical research and development, particularly in the study of central nervous system (CNS) disorders. Its unique structure makes it a valuable candidate for the synthesis of potential therapeutic agents targeting neurological conditions such as depression, anxiety, and schizophrenia. Researchers explore its interactions with specific receptors in the brain to develop novel drugs with improved efficacy and fewer side effects. Additionally, it serves as a key intermediate in the synthesis of more complex molecules, contributing to advancements in medicinal chemistry and drug discovery.