This compound is primarily utilized in the field of medicinal chemistry and pharmacology. It serves as a key intermediate in the synthesis of various pharmaceutical agents, particularly those targeting the central nervous system. Its structural features make it suitable for the development of compounds with potential therapeutic effects on neurological disorders, such as anxiety, depression, and cognitive impairments. Additionally, it may be explored in the design of ligands for specific receptors, aiding in the study of neurochemical pathways and drug discovery processes. Its applications are often linked to research and development efforts aimed at creating novel treatments with improved efficacy and safety profiles.