This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various pharmaceutical agents, particularly those targeting neurological disorders. Its structural features make it valuable in the design of molecules that interact with specific receptors in the brain, potentially aiding in the treatment of conditions such as anxiety, depression, or neurodegenerative diseases. Additionally, it may be explored for its potential in modulating enzyme activity or as a building block for creating more complex therapeutic compounds. Research efforts often focus on optimizing its pharmacological properties to enhance efficacy and reduce side effects in clinical applications.