Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of central nervous system (CNS) drugs, including potential treatments for neurological disorders such as epilepsy, anxiety, and depression. Additionally, it is explored in the creation of compounds targeting serotonin and dopamine receptors, which are critical in mood regulation and cognitive functions. Its application extends to the study of enzyme inhibitors, where it aids in understanding and modulating biochemical pathways.