Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of potential therapeutic agents targeting neurological disorders, such as depression and anxiety, due to its ability to interact with specific neurotransmitter systems. Additionally, it is employed in the creation of chiral compounds, where its stereochemistry plays a crucial role in enhancing the efficacy and selectivity of drug candidates. Researchers also utilize it in studies exploring novel pathways for treating inflammatory conditions and pain management. Its versatility makes it a significant component in medicinal chemistry and drug discovery.