This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure makes it a valuable intermediate in the creation of molecules targeting central nervous system disorders, such as anxiety, depression, and neurodegenerative diseases. Additionally, it is explored for its potential in modulating specific receptors or enzymes involved in cellular signaling pathways. Its applications also extend to medicinal chemistry, where it serves as a building block for designing compounds with improved efficacy and reduced side effects. Researchers leverage its unique chemical properties to optimize pharmacokinetics and pharmacodynamics in early-stage drug discovery.