This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological disorders. Its structure is often incorporated into the development of compounds that modulate neurotransmitter systems, potentially aiding in the treatment of conditions like anxiety, depression, and epilepsy. Additionally, it is explored for its potential in creating novel therapeutic agents due to its unique oxazepine core, which can enhance drug stability and bioavailability. Researchers also investigate its role in designing inhibitors for specific enzymes or receptors, contributing to advancements in drug discovery.