This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure is particularly valuable in the development of compounds targeting neurological disorders, as it can interact with specific receptors in the brain. Additionally, it is employed in the creation of small molecule inhibitors that modulate enzymatic activity, making it useful in the treatment of diseases where enzyme dysregulation plays a critical role. Researchers also explore its potential in designing drugs with improved bioavailability and selectivity, contributing to advancements in drug discovery and therapeutic applications.