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 a valuable building block for developing compounds with potential therapeutic effects, such as antipsychotic, antidepressant, or analgesic properties. Additionally, it is explored in the design of ligands for receptor studies, aiding in the understanding of neurological pathways and drug discovery processes. Its applications extend to the development of novel drugs aimed at treating neurological disorders and enhancing mental health treatments.