This chemical is primarily used in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs that target the central nervous system, particularly those used in the treatment of psychiatric disorders. Its structural properties make it suitable for creating molecules that interact with neurotransmitter receptors, aiding in the development of antipsychotic and antidepressant medications. Additionally, it is utilized in research settings to study the biochemical pathways involved in neurological conditions, contributing to the advancement of therapeutic strategies.