This chemical is primarily used in the synthesis of various pharmaceutical compounds. It acts as an intermediate in the production of drugs that target the central nervous system, particularly those used for treating depression, anxiety, and other mood disorders. Its structure allows it to interact with specific neurotransmitter receptors, making it valuable in the development of psychotropic medications. Additionally, it is utilized in research settings to study the biochemical pathways involved in neurological functions and to develop new therapeutic agents. Its role in organic synthesis also extends to the creation of complex molecules for experimental and industrial applications.