This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. It plays a significant role in the development of pharmaceutical agents, particularly those targeting central nervous system disorders. Its structure is often incorporated into the design of compounds that interact with receptors or enzymes involved in neurological pathways. Additionally, it is employed in research settings to explore and optimize drug candidates with potential therapeutic applications, such as anxiolytics, antidepressants, or antipsychotics. The compound’s versatility also extends to its use in the preparation of peptidomimetics, which mimic the behavior of peptides in drug development.