This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmaceutical agents. Its unique structure makes it particularly valuable in the development of drugs targeting the central nervous system, including potential treatments for neurological disorders such as anxiety, depression, and schizophrenia. Additionally, it is explored for its role in creating compounds with potential antipsychotic and anxiolytic properties. Researchers also investigate its use in designing molecules that interact with specific receptors in the brain, aiming to improve therapeutic efficacy and reduce side effects.