This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. It serves as a building block for the development of pharmaceutical compounds, particularly those targeting central nervous system disorders. Its structure is often incorporated into the design of potential drug candidates due to its ability to enhance pharmacokinetic properties and receptor binding affinity. Additionally, it is employed in research settings for the preparation of complex heterocyclic compounds, which are investigated for their therapeutic potential in various diseases. Its application is also seen in the optimization of drug-like properties during the early stages of drug discovery.