This chemical is primarily utilized in the field of pharmaceutical research and development, where it serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the creation of compounds targeting the central nervous system, due to its structural features that can influence neurotransmitter activity. Additionally, it is employed in the study of receptor binding and modulation, aiding in the discovery of new therapeutic agents for conditions such as depression, anxiety, and other neurological disorders. Its application extends to the optimization of drug candidates, enhancing their efficacy and safety profiles.