This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting central nervous system disorders. Its structural framework is often incorporated into the development of potential therapeutic agents, such as antipsychotics and antidepressants, due to its ability to interact with specific neurotransmitter receptors. Additionally, it is explored for its role in creating compounds with anti-inflammatory and analgesic properties, making it valuable in drug discovery programs aimed at treating chronic pain and inflammatory conditions.