Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the creation of compounds targeting neurological disorders, including potential treatments for depression, anxiety, and other central nervous system conditions. Its structural properties make it suitable for modifying and enhancing the efficacy of drug molecules, improving their binding affinity to specific receptors. Additionally, it is employed in the development of novel therapeutic agents, contributing to advancements in medicinal chemistry and drug discovery.