This compound is primarily utilized in pharmaceutical research and development, particularly in the study of central nervous system (CNS) disorders. It acts as a precursor or intermediate in the synthesis of more complex molecules that target specific receptors in the brain, potentially aiding in the treatment of conditions like depression, anxiety, or neurodegenerative diseases. Additionally, its structure makes it valuable in the exploration of enantioselective synthesis, where the focus is on producing compounds with high optical purity for enhanced therapeutic efficacy. Researchers also investigate its potential in modulating neurotransmitter activity, which could lead to the development of novel psychotropic medications.