This compound is primarily utilized in the field of medicinal chemistry, particularly in the development of pharmaceuticals. It serves as an intermediate in the synthesis of biologically active molecules, often targeting neurological disorders. Its structure is designed to interact with specific receptors or enzymes in the body, making it valuable in the creation of drugs for conditions such as anxiety, depression, or schizophrenia. Additionally, it is used in research to study the mechanisms of action of certain therapeutic agents, aiding in the discovery of new treatments. Its unique chemical properties also make it a candidate for further modification to enhance efficacy or reduce side effects in drug development.