This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of biologically active molecules. It serves as a key building block in the development of potential therapeutic agents, particularly in the design of compounds targeting central nervous system disorders. Its structure is often incorporated into drug candidates to enhance their pharmacokinetic properties or to modulate their interaction with specific biological targets. Researchers also explore its use in creating novel compounds with potential anti-inflammatory, anxiolytic, or anti-cancer properties. Additionally, it may be employed in the study of structure-activity relationships to optimize drug efficacy and selectivity.