This compound is primarily used in research and development within the field of medicinal chemistry. It serves as a key intermediate or building block in the synthesis of more complex molecules, particularly those targeting neurological and psychiatric disorders. Its structure is often exploited in the design of ligands for receptors in the central nervous system, aiding in the development of potential therapeutic agents. Additionally, it may be utilized in studies focusing on the modulation of neurotransmitter systems, contributing to advancements in understanding and treating conditions like depression, anxiety, or neurodegenerative diseases.