This compound is primarily utilized in pharmaceutical research and development as an intermediate in the synthesis of biologically active molecules. It plays a significant role in the creation of compounds targeting central nervous system disorders, particularly those involving neurological and psychiatric conditions. Its structure is often leveraged in the design of inhibitors or modulators of specific enzymes or receptors, contributing to the development of potential therapeutic agents. Additionally, it may be employed in medicinal chemistry studies to explore structure-activity relationships (SAR) for optimizing drug efficacy and selectivity.