This compound is primarily utilized in the pharmaceutical and research sectors due to its potential biological activity. It is often explored for its role in the development of new therapeutic agents, particularly in the field of neurology and pain management. Researchers investigate its efficacy as a modulator of specific receptors or enzymes in the central nervous system, which could lead to treatments for conditions like chronic pain, inflammation, or neurological disorders. Additionally, it serves as a key intermediate in the synthesis of more complex molecules, contributing to the advancement of medicinal chemistry and drug discovery. Its structural features make it a valuable candidate for further optimization and study in preclinical research.