This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of pharmacologically active molecules. It is particularly significant in the development of compounds targeting the central nervous system, where it serves as a precursor for drugs that modulate neurotransmitter activity. Its structural features make it suitable for designing molecules with potential antipsychotic or antiemetic properties. Additionally, it is explored in the creation of selective receptor ligands, which are critical for understanding and treating neurological disorders. Its application extends to research settings, where it aids in the study of receptor interactions and drug efficacy.