This chemical is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate or active pharmaceutical ingredient (API) in the synthesis of compounds targeting neurological and psychiatric disorders. Its structure is designed to interact with specific receptors in the brain, making it valuable for research into treatments for conditions such as anxiety, depression, and schizophrenia. Additionally, it is explored for its potential in modulating neurotransmitter systems, which could lead to the development of novel therapeutic agents.