This compound is primarily utilized in biochemical research and pharmaceutical development. It serves as a key intermediate in the synthesis of more complex molecules, particularly those targeting neurological and cardiovascular systems. Its structure allows it to interact with specific receptors or enzymes, making it valuable in the study of cellular signaling pathways. Additionally, it has potential applications in the design of therapeutic agents for conditions like hypertension or neurodegenerative diseases. Researchers also explore its use in developing diagnostic tools for detecting biomarkers associated with certain disorders. Its stability and reactivity under physiological conditions make it a versatile component in drug discovery and experimental pharmacology.