Used primarily in research settings, this compound serves as a valuable tool for studying neurological and biochemical processes. It is often employed in the investigation of receptor interactions within the central nervous system, particularly those involving neurotransmitter systems. Its role in modulating specific pathways makes it useful for exploring potential therapeutic targets for neurological disorders. Additionally, it is utilized in the development of pharmacological agents aimed at treating conditions related to neurotransmitter imbalances. Its stability and solubility in aqueous solutions make it suitable for various experimental applications in vitro and in vivo.