Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in the development of drugs targeting the central nervous system, where its structure contributes to the creation of compounds with potential therapeutic effects on neurological disorders. Additionally, it is employed in the study of enzyme inhibition, aiding in the discovery of new treatments for diseases influenced by enzymatic activity. Its role in organic synthesis also extends to the production of complex alkaloids, which are significant in medicinal chemistry for their diverse biological activities.