This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs that target central nervous system disorders, including antidepressants and anxiolytics. Its structure allows for the development of molecules that can interact with specific neurotransmitter systems, enhancing therapeutic efficacy. Additionally, it is employed in research settings to study the biochemical pathways involved in mental health conditions, aiding in the discovery of novel treatments.