This compound is primarily utilized in pharmaceutical research and development, particularly as an intermediate in the synthesis of more complex molecules. It plays a role in the creation of potential therapeutic agents, especially in the design of compounds targeting the central nervous system. Its structural features make it valuable for studies involving receptor binding and modulation, contributing to the exploration of new treatments for neurological disorders. Additionally, it may be used in the preparation of biologically active compounds for testing in preclinical models, aiding in the discovery of novel drug candidates.