Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in the development of central nervous system (CNS) drugs, where it contributes to the creation of compounds targeting neurological disorders. Its structure is often incorporated into molecules designed to interact with specific receptors in the brain, aiding in the treatment of conditions like depression, anxiety, and pain management. Additionally, it is utilized in the study of biochemical pathways and receptor mechanisms, providing insights into drug design and therapeutic strategies.