Used as an intermediate in the synthesis of benzodiazepine derivatives with potential anxiolytic and sedative properties. Shows affinity for central benzodiazepine receptors, making it valuable in research for developing central nervous system modulators. Employed in medicinal chemistry for structure-activity relationship studies to enhance potency and selectivity of GABA receptor ligands. Also utilized in the preparation of radiolabeled compounds for receptor binding assays and neuropharmacological studies.