This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical compounds. Its structure is particularly valuable in the development of drugs targeting central nervous system disorders, such as anxiety, depression, and neurodegenerative diseases. Additionally, it serves as a building block in the creation of novel bioactive molecules, enabling researchers to explore new therapeutic pathways. Its role in facilitating the development of selective enzyme inhibitors or receptor modulators makes it a critical component in drug discovery and optimization processes.