This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of various pharmacologically active molecules. It plays a significant role in the development of compounds targeting neurological disorders, particularly those involving the modulation of neurotransmitter systems. Its piperazine moiety is often incorporated into structures designed to interact with receptors in the central nervous system, making it valuable in the creation of potential antipsychotic, antidepressant, or anxiolytic agents. Additionally, it may be explored in the design of ligands for receptors associated with pain management or cognitive enhancement. Its application extends to research settings where it serves as a building block for the development of novel therapeutic candidates.