Primarily utilized in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of drugs targeting central nervous system disorders, including anxiety and depression. Additionally, it is employed in the creation of compounds with potential anti-inflammatory and analgesic properties. Researchers also explore its use in designing inhibitors for specific enzymes, which could lead to novel treatments for metabolic diseases. Its versatility makes it a significant component in medicinal chemistry for discovering new therapeutic agents.