Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of central nervous system (CNS) drugs, where it aids in modulating neurotransmitter activity. Additionally, it is employed in the creation of potential therapeutic agents targeting neurological disorders, such as anxiety and depression, due to its ability to interact with specific receptors in the brain. Its application extends to medicinal chemistry, where it is utilized to optimize drug candidates for improved efficacy and safety profiles.