Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of potential therapeutic agents targeting neurological disorders, such as anxiety and depression. Additionally, it plays a role in the creation of compounds being studied for their anti-inflammatory and analgesic properties. Researchers also explore its utility in designing novel drugs that interact with specific receptors in the central nervous system, contributing to advancements in medicinal chemistry.