Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring a piperazine ring, makes it valuable for creating compounds targeting neurological and psychiatric disorders, such as antipsychotics and antidepressants. Additionally, it is employed in the preparation of ligands for receptor studies, aiding in the exploration of drug mechanisms and interactions. Its application extends to the development of potential therapeutic agents for conditions like anxiety, depression, and schizophrenia.