This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structure is often incorporated into compounds designed to modulate specific enzymes or receptors in the brain, making it valuable in the creation of potential therapeutic agents. Additionally, it is explored in the development of novel inhibitors for enzymes involved in metabolic pathways, contributing to advancements in drug discovery for complex diseases.