This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting the central nervous system. Its structural features make it valuable in the design of compounds with potential therapeutic effects, such as antidepressants, antipsychotics, or other neuroactive drugs. Researchers also explore its use in studying receptor interactions and developing novel drugs with improved efficacy and reduced side effects. Additionally, it may be employed in asymmetric synthesis due to its chiral nature, contributing to the production of enantiomerically pure substances.