This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel therapeutic agents. It serves as a key intermediate in the production of compounds targeting central nervous system disorders, such as anxiety, depression, and neurodegenerative diseases. Its structural features make it valuable for modulating specific receptors or enzymes involved in these conditions. Additionally, it is explored in the design of drugs with improved bioavailability and reduced side effects, contributing to advancements in medicinal chemistry. Researchers also investigate its potential in creating selective inhibitors for various biological pathways, aiding in the discovery of new treatments.