This compound is primarily used in biochemical research, particularly in studies related to neurotransmitter systems and brain function. It serves as a precursor or intermediate in the synthesis of more complex molecules that interact with serotonin receptors, making it valuable for investigating neurological pathways and disorders. Additionally, it is employed in the development of pharmaceuticals targeting mental health conditions such as depression, anxiety, and schizophrenia. Its role in modulating serotonin-related processes also makes it relevant in studying mood regulation and cognitive functions.