Used primarily in pharmaceutical research, this compound acts as an intermediate in the synthesis of various therapeutic agents. It is particularly significant in the development of compounds targeting the central nervous system, where its structural properties help in creating molecules with potential antidepressant or anxiolytic effects. Additionally, it is utilized in the study of receptor binding and modulation, aiding in the understanding of biochemical pathways related to mental health disorders. Its application extends to the preparation of specialized chemicals for experimental pharmacology, contributing to advancements in drug discovery and development.