Used primarily as an intermediate in the synthesis of certain anticonvulsant and mood-stabilizing medications. It plays a key role in the production of drugs targeting neurological disorders such as epilepsy and bipolar disorder. Due to its structural similarity to dibenzazepine derivatives, it contributes to the development of compounds that modulate sodium channels in nerve cells, helping regulate abnormal electrical activity in the brain. Its hydroxyl and carboxamide functional groups allow for further chemical modifications, making it valuable in pharmaceutical research and development.