This compound is primarily used in organic synthesis as an intermediate for the production of more complex molecules. It serves as a key building block in the development of pharmaceuticals, particularly in the synthesis of compounds with potential neurological activity. Its structure is valuable for creating analogs that may interact with biological targets, such as receptors or enzymes in the central nervous system. Additionally, it is utilized in research settings to explore novel chemical reactions and pathways, contributing to advancements in medicinal chemistry and drug discovery.