Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system agents. It serves in the preparation of selective receptor modulators, including those targeting neurological disorders such as depression, anxiety, and schizophrenia. Its structure supports binding affinity to various neurotransmitter receptors, making it valuable in medicinal chemistry for optimizing drug candidates. Also employed in research settings for structure-activity relationship (SAR) studies due to its rigid heterocyclic framework.