This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting the central nervous system. Its structural features make it valuable for developing potential therapeutic agents, such as inhibitors or modulators of specific enzymes or receptors. Additionally, it may be explored for its role in creating novel compounds with potential applications in treating neurological disorders or other medical conditions. Research efforts often focus on optimizing its derivatives to enhance efficacy, selectivity, and safety for clinical use.