Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of agents targeting central nervous system disorders. Its structure supports the formation of bioactive molecules due to the presence of aromatic and heterocyclic rings, which enhance binding to biological targets. Commonly employed in medicinal chemistry for constructing more complex drug candidates with potential anxiolytic or antidepressant activity. Also utilized in research settings to explore new synthetic pathways in heterocyclic compound development.