This compound is primarily used in pharmacological research due to its potential interactions with neurotransmitter systems. It is often studied for its affinity towards specific receptors in the brain, which makes it valuable in the development of drugs targeting neurological and psychiatric disorders. Researchers explore its effects on dopamine and serotonin receptors, aiming to understand its potential in treating conditions like depression, anxiety, or schizophrenia. Additionally, its structural properties make it a candidate for further modification to enhance efficacy and selectivity in therapeutic applications.