This chemical is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of biologically active compounds. It plays a significant role in the development of potential therapeutic agents, particularly in the design of molecules targeting neurological disorders. Its structural features make it a valuable building block for creating compounds with potential activity at various receptors in the central nervous system. Researchers often employ it in the preparation of analogs to study structure-activity relationships, aiming to optimize efficacy and selectivity for specific biological targets. Additionally, it may be explored in the development of novel pharmaceuticals for treating conditions such as anxiety, depression, or neurodegenerative diseases. Its application is largely confined to research and development settings, where it contributes to the discovery of new drug candidates.