This chemical is primarily used in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical compounds. Its structure is particularly valuable in the development of drugs targeting the central nervous system, where it can be modified to enhance binding affinity to specific receptors. Additionally, it serves as a building block in the creation of analgesics and anti-inflammatory agents, contributing to the development of pain management therapies. Its application extends to research in neuropharmacology, where it aids in the study of receptor interactions and the design of novel therapeutic agents.