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 bioactive molecules, particularly those targeting neurological disorders. Its structure is often incorporated into the development of compounds that interact with neurotransmitter systems, making it valuable for creating potential treatments for conditions like depression, anxiety, and cognitive impairments. Additionally, it is explored in the design of novel drug candidates due to its ability to modulate receptor activity and enhance drug efficacy. Its application extends to experimental studies aimed at understanding biochemical pathways and developing therapeutic agents with improved pharmacological profiles.