Used in pharmaceutical research, this compound is primarily employed as an intermediate in the synthesis of more complex molecules. It plays a crucial role in the development of drugs targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. Its structural features make it valuable for creating compounds with potential therapeutic effects on conditions like anxiety, depression, and chronic pain. Additionally, it is utilized in the study of enzyme inhibitors and receptor modulators, aiding in the discovery of novel treatments for various diseases. Its application extends to the field of medicinal chemistry, where it contributes to the design and optimization of bioactive molecules.