This compound is primarily utilized in the field of medicinal chemistry, particularly in the development of therapeutic agents targeting neurological disorders. It functions as a potent antagonist or modulator of specific neurotransmitter receptors, making it valuable in the treatment of conditions such as schizophrenia, bipolar disorder, and other psychiatric illnesses. Its unique structure allows it to interact effectively with receptor sites in the brain, helping to regulate abnormal neural activity. Additionally, it is studied for its potential use in managing symptoms of neurodegenerative diseases, where receptor modulation is crucial for therapeutic outcomes. Research also explores its role in improving cognitive functions and reducing psychotic episodes in patients.