Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of drugs targeting neurological disorders, such as antidepressants and anxiolytics. Additionally, it finds application in the creation of compounds with potential antimicrobial and anti-inflammatory properties. Researchers also explore its utility in designing novel therapeutic agents for treating chronic pain and other central nervous system-related conditions. Its versatility makes it a significant component in medicinal chemistry and drug discovery efforts.