This compound is primarily used in pharmaceutical research and development, particularly in the synthesis of various biologically active molecules. It serves as a key intermediate in the creation of compounds that target the central nervous system, often explored for their potential therapeutic effects in neurological disorders. Additionally, it is utilized in the study of enzyme inhibition and receptor binding, aiding in the discovery of new drugs for conditions such as depression, anxiety, and pain management. Its structural properties make it valuable in medicinal chemistry for designing and optimizing drug candidates.