This compound is primarily utilized in pharmacological research as a potential therapeutic agent due to its interaction with neurotransmitter systems, particularly serotonin and dopamine receptors. Its structural properties make it a candidate for studying the treatment of psychiatric disorders such as depression, anxiety, and schizophrenia. Additionally, it is explored for its potential role in modulating behavioral responses and neurological pathways. Researchers also investigate its use in developing novel drugs targeting central nervous system disorders, leveraging its receptor-binding affinity to achieve desired therapeutic effects.