Used primarily in the treatment of schizophrenia, this compound acts as an antipsychotic by modulating dopamine and serotonin receptors in the brain. It helps reduce both positive symptoms (such as hallucinations and delusions) and negative symptoms (like social withdrawal and emotional flatness). Due to its receptor binding profile, it may have a lower risk of certain side effects like extrapyramidal symptoms compared to other antipsychotics. It is administered orally and is designed for daily use in managing chronic psychiatric conditions.