This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting the central nervous system. Its structural features make it valuable in the development of potential therapeutic agents for neurological disorders, such as depression, anxiety, and chronic pain. Additionally, it is explored for its role in modulating specific receptors or enzymes, contributing to the design of novel drugs with improved efficacy and reduced side effects. Researchers also investigate its potential in creating compounds with anti-inflammatory or analgesic properties, expanding its applicability in drug discovery efforts.