This compound is primarily utilized in pharmaceutical research and development, particularly as an intermediate in the synthesis of more complex molecules. It serves as a key building block in the creation of compounds with potential therapeutic effects, such as those targeting neurological disorders or cardiovascular conditions. Its structural features make it valuable for designing drugs that interact with specific biological pathways. Additionally, it may be explored in the development of novel analgesics or antidepressants due to its amine functional group, which can influence neurotransmitter systems. Researchers also investigate its potential in creating inhibitors for enzymes or receptors involved in disease processes.