This compound is primarily utilized in the development of pharmaceutical agents, particularly in the synthesis of serotonin-norepinephrine reuptake inhibitors (SNRIs). It plays a crucial role in modulating neurotransmitter activity in the central nervous system, making it valuable for treating conditions like depression, anxiety, and certain chronic pain disorders. Its structural properties allow it to interact effectively with specific receptors and transporters, enhancing therapeutic outcomes. Additionally, it is explored in research for its potential neuroprotective effects and applications in addressing neurodegenerative diseases.