This compound is primarily used in research settings as a reference standard or analytical reagent in chemical analysis. Its structure makes it relevant for studying the pharmacological properties of similar compounds, particularly in the context of neurotransmitter activity and receptor binding studies. In medicinal chemistry, it serves as an intermediate in the synthesis of more complex molecules, especially those targeting the central nervous system. Additionally, it may be utilized in the development of potential therapeutic agents for neurological disorders. Its application is largely confined to laboratory environments, where it aids in the exploration of structure-activity relationships and drug discovery processes.