This chemical is primarily used in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs that target neurological disorders, such as antidepressants and anxiolytics. Additionally, it is utilized in the development of certain antihistamines and anti-inflammatory medications. In research, it is employed to study receptor interactions and to develop novel therapeutic agents. Its role in organic synthesis also extends to the creation of specialty chemicals and fine chemicals for industrial applications.