This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of antipsychotic medications. It serves as a key intermediate in the production of certain drugs that target central nervous system disorders, such as schizophrenia and bipolar disorder. Its structure allows it to interact with specific neurotransmitter receptors, making it valuable in creating compounds that modulate brain activity. Additionally, it is used in research settings to study the biochemical pathways involved in mental health conditions. Its role in drug development underscores its importance in advancing treatments for complex neurological diseases.