This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. It plays a crucial role in the development of compounds targeting central nervous system disorders, particularly in the design of drugs that interact with neurotransmitter systems. Its structure is often incorporated into molecules that exhibit potential as antipsychotic or antidepressant agents. Additionally, it is employed in the preparation of bioactive molecules for research purposes, aiding in the exploration of new therapeutic pathways and drug discovery processes. Its versatility makes it valuable in creating complex chemical structures with potential pharmacological activity.