This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structural framework is often explored in the development of potential therapeutic agents, such as inhibitors for specific enzymes or receptors involved in disease pathways. Researchers investigate its derivatives for their potential efficacy in treating conditions like anxiety, depression, or neurodegenerative diseases. Additionally, it may be employed in the study of drug metabolism and pharmacokinetics to understand its behavior in biological systems. Its applications are largely confined to preclinical and early-stage drug discovery efforts.