This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of biologically active molecules, particularly those targeting neurological disorders. Its structure is often incorporated into the design of inhibitors for specific enzymes or receptors involved in neurodegenerative diseases. Additionally, it is explored for its potential use in creating novel therapeutic agents for conditions like epilepsy, depression, and anxiety due to its interaction with neurotransmitter systems. Researchers also investigate its role in modulating protein-protein interactions, which could lead to the development of innovative treatments for various diseases.