FHZ is primarily used in the pharmaceutical industry as a key intermediate in the synthesis of various bioactive compounds. It plays a crucial role in the development of drugs targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. Additionally, FHZ is utilized in research settings to study its potential therapeutic effects, including its impact on cognitive functions and memory enhancement. Its application extends to the development of experimental treatments for conditions like Alzheimer’s disease and other cognitive impairments.