This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure is particularly valuable in the development of compounds targeting the central nervous system, as it can be modified to create agents with potential antidepressant or anxiolytic properties. Additionally, it is explored in the design of inhibitors for specific enzymes or receptors, contributing to the development of treatments for neurological disorders. Its versatility also extends to research applications, where it is used to study biochemical pathways and drug-receptor interactions.