This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of potential therapeutic agents, often targeting neurological disorders or psychiatric conditions. Its structural features make it valuable for modulating specific receptors or enzymes in the brain, contributing to the study of conditions like depression, anxiety, or neurodegenerative diseases. Additionally, it may be employed in the development of radiopharmaceuticals for diagnostic imaging, aiding in the visualization of certain biological processes. Its application is largely confined to preclinical and experimental stages, where it helps researchers understand drug-receptor interactions and optimize pharmacological properties.