This compound is primarily utilized in research settings, particularly in the study of neurochemistry and pharmacology. It is often employed as a reference standard or analytical tool in the development of assays to understand receptor interactions and neurotransmitter dynamics. Its structural properties make it relevant for investigating the mechanisms of certain psychoactive substances, aiding in the exploration of their effects on the central nervous system. Additionally, it may be used in the synthesis of novel compounds for potential therapeutic applications, particularly in the realm of mental health and neurological disorders. Researchers also leverage it to study metabolic pathways and potential drug interactions, contributing to the broader understanding of chemical behavior in biological systems.