Used primarily in pharmaceutical research, this compound serves as an intermediate in the synthesis of various therapeutic agents. It is particularly valuable in the development of drugs targeting the central nervous system, where its structural properties contribute to the modulation of neurotransmitter activity. Additionally, it is explored for its potential in creating analgesics and anti-inflammatory medications, owing to its ability to interact with specific receptors involved in pain and inflammation pathways. Its application extends to the study of novel treatments for neurological disorders, where it aids in understanding receptor-ligand interactions and drug efficacy.