Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the development of compounds targeting the central nervous system, such as potential treatments for neurological disorders. Its structure is often utilized in the design of ligands for receptors involved in pain management and mood regulation. Additionally, it plays a role in the creation of novel therapeutic agents for cardiovascular diseases, owing to its ability to interact with specific enzyme systems. Researchers also explore its potential in designing drugs with anti-inflammatory or antimicrobial properties.