This chemical is primarily used in pharmaceutical research and development, particularly as a key intermediate in the synthesis of various biologically active compounds. Its structure makes it valuable for creating molecules that target neurological and cardiovascular disorders. Researchers utilize it to develop potential drugs for conditions like hypertension, anxiety, and depression, as it can interact with specific receptors in the body. Additionally, it serves as a building block in organic chemistry for constructing more complex heterocyclic compounds, which are often explored for their therapeutic potential. Its application is largely confined to laboratory settings, where it aids in the discovery of new medicinal agents.