This compound is primarily utilized in pharmaceutical research due to its potential biological activity. It is often explored for its role as a building block in the synthesis of more complex molecules, particularly those targeting neurological or psychiatric disorders. Researchers investigate its interaction with specific receptors in the brain, which may lead to the development of novel therapeutic agents. Additionally, it is studied for its potential applications in treating conditions like anxiety, depression, or cognitive impairments. Its unique structure makes it a valuable candidate for drug discovery and development processes.