This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting neurological disorders. Its structure is often incorporated into molecules designed to interact with specific receptors in the brain, making it valuable in the development of potential therapeutic agents. Additionally, it is explored for its role in creating compounds with anti-inflammatory or antimicrobial properties, contributing to advancements in drug discovery and development.