This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel therapeutic agents. Its unique structure makes it a valuable intermediate in the creation of drugs targeting central nervous system disorders, such as anxiety, depression, and neurodegenerative diseases. Additionally, it has shown potential in the development of compounds with anti-inflammatory and analgesic properties. Researchers also explore its use in designing selective enzyme inhibitors, which can play a critical role in treating various metabolic and genetic conditions. Its application extends to preclinical studies, where it aids in understanding biological pathways and drug-receptor interactions.