Primarily used in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of potential central nervous system (CNS) drugs, including antidepressants and antipsychotics. Researchers utilize it to explore modifications that enhance drug efficacy and reduce side effects. Additionally, it plays a role in the study of receptor binding interactions, aiding in the discovery of novel therapeutic agents targeting neurological disorders. Its application is crucial in preclinical studies to understand the pharmacological properties of new drug candidates.