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 pharmacologically active molecules. Specifically, it is often employed in the development of compounds targeting the central nervous system, such as potential antipsychotic or antidepressant agents. Its structural features make it a valuable building block for designing molecules that interact with specific receptors or enzymes in the brain. Additionally, it may be used in the study of biochemical pathways and the development of novel therapeutic agents for neurological disorders.