Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of drugs targeting the central nervous system, where it can be modified to produce compounds with potential antidepressant or anxiolytic properties. Additionally, it is explored in the creation of ligands for receptor studies, aiding in the understanding of neurological pathways and mechanisms. Its application extends to the field of medicinal chemistry, where it is utilized to design and optimize new therapeutic agents with improved efficacy and safety profiles.