This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of biologically active molecules. Its structure is particularly valuable in the development of pharmaceuticals targeting neurological disorders, such as epilepsy and anxiety, due to its potential interactions with specific receptors in the brain. Additionally, it is explored for its role in creating compounds with anti-inflammatory and analgesic properties, making it a promising candidate for pain management therapies. Researchers also investigate its derivatives for potential use in treating cardiovascular diseases, leveraging its unique chemical framework to modulate relevant biological pathways.