Used as a key intermediate in the synthesis of pharmaceutical agents targeting central nervous system disorders. Exhibits activity as a modulator in neuroreceptor assays, particularly in serotonin and dopamine pathways. Employed in research for developing novel antidepressants and anxiolytic compounds. Also utilized in agrochemical studies for designing bioactive molecules with enhanced stability and selectivity. Shows potential in material science for creating sensors due to its strong ligand-binding properties and structural versatility.