This compound is primarily used in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting central nervous system disorders, including antipsychotic and antidepressant medications. Its structure allows it to interact with specific receptors in the brain, making it valuable for research and development in neuropharmacology. Additionally, it is utilized in the preparation of compounds with potential antihistamine and anti-inflammatory properties, contributing to advancements in treating allergies and immune-related conditions. Its application is also explored in the study of receptor binding mechanisms, aiding in the design of more effective therapeutic agents.