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 neurological and psychiatric disorders. Its structure is often incorporated into the design of potential drug candidates that interact with specific receptors or enzymes in the central nervous system. Additionally, it may be explored for its potential in developing treatments for conditions such as depression, anxiety, or cognitive impairments. Researchers also investigate its role in modulating biochemical pathways to identify novel therapeutic agents.