This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various pharmaceutical agents, particularly those targeting neurological disorders. Its unique structure allows it to act as a building block for creating molecules that interact with specific receptors in the brain, making it valuable for designing drugs to treat conditions like epilepsy, Parkinson's disease, and chronic pain. Additionally, it is employed in research to study the mechanisms of enzyme inhibition and receptor modulation, contributing to the development of more effective and targeted therapies.