This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of more complex molecules. It serves as a key building block in the development of pharmaceuticals, particularly in the creation of compounds that target neurological disorders. Its structure is often exploited to design inhibitors for specific enzymes or receptors involved in disease pathways. Additionally, it is used in research to study the pharmacokinetics and pharmacodynamics of potential drug candidates, aiding in the optimization of their efficacy and safety profiles.