This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting central nervous system disorders, particularly those involving neurotransmitter modulation. Its structural features make it valuable in creating compounds with potential antidepressant or anxiolytic properties. Additionally, it is explored in the design of molecules for treating chronic pain and inflammation due to its ability to interact with specific receptors in the body. Researchers also investigate its use in the development of novel therapies for conditions like Parkinson’s disease and epilepsy, leveraging its unique chemical properties to enhance drug efficacy and selectivity.