This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting the central nervous system. It serves as a key intermediate in the production of certain antidepressants and antipsychotics, where its structure contributes to the binding affinity and selectivity of the active pharmaceutical ingredients. Additionally, it is employed in the creation of ligands for metal complexes used in catalysis, enhancing the efficiency of various chemical reactions. Its application extends to research settings, where it is used to study biochemical pathways and receptor interactions.