Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various therapeutic agents. Its structure is particularly valuable in the creation of drugs targeting the central nervous system, such as antidepressants and antipsychotics. Additionally, it is employed in the study of receptor binding and signal transduction pathways, aiding in the understanding of neurological disorders. The compound’s stability and reactivity make it a versatile tool in medicinal chemistry for designing and optimizing new drug candidates.