Used primarily in pharmacological research, this compound is studied for its potential effects on neurotransmitter systems, particularly in the context of neurological disorders. It has been explored for its affinity towards certain receptors in the brain, which may influence mood regulation and cognitive functions. Additionally, it serves as a key intermediate in the synthesis of more complex molecules aimed at developing therapeutic agents for mental health conditions. Its application in medicinal chemistry is significant for designing compounds with improved efficacy and safety profiles.