This compound is primarily utilized in the synthesis of various pharmaceutical agents, particularly those targeting the central nervous system. It serves as a key intermediate in the production of antidepressants and antipsychotic medications, aiding in the modulation of neurotransmitter activity. Additionally, it is employed in the development of compounds for treating anxiety and mood disorders. Its structural properties make it valuable in organic synthesis, enabling the creation of complex molecules with potential therapeutic benefits. Researchers also explore its use in designing drugs with improved efficacy and reduced side effects.