This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structure is often incorporated into the development of potential therapeutic agents, including selective serotonin reuptake inhibitors (SSRIs) and other CNS-active drugs. Researchers explore its derivatives for their potential to modulate neurotransmitter systems, making it valuable in the design of treatments for conditions like depression, anxiety, and other mood disorders. Additionally, its unique chemical framework is investigated for applications in drug discovery programs aimed at identifying novel compounds with improved efficacy and safety profiles.