This compound is primarily utilized in the field of medicinal chemistry due to its structural properties, which make it a potential candidate for drug development. It is often explored for its pharmacological activities, particularly in the central nervous system. Researchers investigate its potential as an active pharmaceutical ingredient (API) in the treatment of neurological disorders, such as depression, anxiety, or neurodegenerative diseases, due to its ability to interact with specific receptors or enzymes in the brain. Additionally, its unique chemical structure allows for modifications to optimize its efficacy, selectivity, and bioavailability, making it a valuable scaffold for designing new therapeutic agents. In preclinical studies, it may also be evaluated for its anti-inflammatory or antioxidant properties, which could have applications in treating conditions associated with oxidative stress or chronic inflammation.