This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. It is often employed in the development of pharmaceutical agents targeting neurological disorders, particularly those involving modulation of neurotransmitter systems. Researchers leverage its structural framework to design and optimize compounds with potential therapeutic effects, such as anxiolytics, antidepressants, or anticonvulsants. Additionally, it serves as a building block in the creation of ligands for receptor studies, aiding in the understanding of complex biochemical pathways. Its application extends to drug discovery programs focused on identifying novel treatments for conditions like anxiety, depression, and epilepsy.