This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring a morpholinoethoxy group and a naphthalene ring, makes it suitable for the development of potential therapeutic agents, particularly in the design of enzyme inhibitors or receptor modulators. Researchers often employ it in the creation of compounds targeting specific pathways, such as those involved in inflammation, cancer, or metabolic disorders. Additionally, its unique chemical properties enable its use in the optimization of drug candidates for enhanced bioavailability and efficacy.