This compound is primarily utilized in the synthesis of pharmaceutical intermediates. It serves as a key building block in the development of various therapeutic agents, particularly in the creation of compounds targeting central nervous system disorders. Its structure allows for the modification and enhancement of drug molecules to improve efficacy and selectivity. Additionally, it finds application in organic research for the preparation of complex chemical entities, aiding in the exploration of new chemical reactions and pathways. Its role in medicinal chemistry is significant, contributing to the advancement of drug discovery and development processes.