This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structure is often incorporated into the development of ligands for receptors in the central nervous system, aiding in the study of conditions like anxiety, depression, and epilepsy. Additionally, it is explored for its potential role in creating enantiomerically pure drugs, ensuring higher specificity and efficacy in therapeutic applications.