This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting the central nervous system. Its structure is often explored for developing potential therapeutic agents, including antidepressants, antipsychotics, and anxiolytics. Additionally, it is investigated for its role in modulating specific receptors or enzymes that play a critical role in neurological disorders. Researchers also study its pharmacokinetic properties to optimize drug delivery and efficacy. Its applications extend to preclinical studies, where it is used to evaluate safety, toxicity, and pharmacological activity in drug development pipelines.