This compound is primarily utilized in pharmaceutical research and development, particularly in the study of central nervous system (CNS) disorders. It acts as a key intermediate in the synthesis of various bioactive molecules, including potential therapeutic agents targeting neurological conditions. Its structural framework is valuable in designing compounds that interact with specific receptors or enzymes in the brain, aiding in the exploration of treatments for anxiety, depression, or neurodegenerative diseases. Additionally, it may be employed in the development of novel drugs with improved efficacy and reduced side effects, contributing to advancements in CNS-related therapies.