This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of complex molecules. It serves as a key intermediate in the creation of biologically active compounds, especially those targeting the central nervous system. Its structure is valuable in designing drugs that interact with specific receptors or enzymes, potentially leading to treatments for neurological disorders. Additionally, it is used in medicinal chemistry to explore structure-activity relationships, aiding in the optimization of drug candidates for improved efficacy and safety.