This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting neurological and psychiatric disorders. Its structural properties make it valuable in the design of molecules that interact with specific receptors in the brain, potentially aiding in the treatment of conditions such as anxiety, depression, and epilepsy. Additionally, it is explored in the development of novel therapeutic agents due to its ability to influence biochemical pathways involved in disease progression. Researchers also investigate its potential in creating more effective and selective drugs with minimized side effects.