This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of various pharmaceutical agents. It is particularly valuable in the development of drugs targeting the central nervous system, where its structural features can be modified to enhance binding affinity to specific receptors. Additionally, it plays a role in the creation of compounds with potential antihistamine or anticholinergic properties, making it relevant for treating allergies or certain neurological disorders. Its versatility in chemical reactions also allows for its use in research and development of novel therapeutic molecules.