This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting central nervous system disorders. Its structural framework is valuable in designing molecules with potential therapeutic effects, such as antipsychotic or antidepressant agents. Additionally, it is employed in the preparation of complex heterocyclic compounds, which are often explored for their medicinal properties. Its role in facilitating the creation of novel drug candidates makes it a significant component in the discovery and optimization of new pharmaceuticals.