This compound is primarily utilized in pharmaceutical research and development, particularly in the study of central nervous system (CNS) disorders. It acts as a key intermediate in the synthesis of various bioactive molecules targeting neurological conditions such as depression, anxiety, and chronic pain. Its structural properties make it suitable for modulating neurotransmitter systems, including serotonin and norepinephrine pathways, which are critical in regulating mood and pain perception. Additionally, it is explored in the development of novel analgesics and antidepressants due to its potential to enhance therapeutic efficacy while minimizing side effects. Researchers also investigate its role in improving drug delivery systems, particularly for CNS-targeted therapies, due to its ability to cross the blood-brain barrier effectively.