This compound is primarily utilized in the synthesis of various pharmaceutical intermediates, particularly in the development of drugs targeting neurological and psychiatric disorders. Its structure is often incorporated into molecules designed to interact with neurotransmitter systems, such as dopamine and serotonin receptors, making it valuable in the creation of antidepressants, antipsychotics, and other CNS-active agents. Additionally, it serves as a key building block in organic chemistry research for constructing complex molecules with potential therapeutic applications. Its tert-butyl group enhances stability and influences the pharmacokinetic properties of the resulting compounds, making it a useful component in drug design and medicinal chemistry.