This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure is particularly valuable in the development of drugs targeting neurological disorders, such as anxiety and epilepsy, due to its ability to modulate specific receptors in the brain. Additionally, it serves as a building block in the creation of compounds with potential anti-inflammatory and antimicrobial properties. Researchers also explore its use in designing novel therapeutic agents for treating infectious diseases, leveraging its unique chemical framework to enhance drug efficacy and selectivity. Its versatility makes it a significant component in drug discovery and development processes.