Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various therapeutic agents. It is particularly valuable in the development of central nervous system (CNS) drugs, where it contributes to the creation of compounds targeting neurological disorders. Its structural features make it suitable for modifying drug molecules to enhance their efficacy and selectivity. Additionally, it plays a role in the study of receptor binding and pharmacological activity, aiding in the discovery of new treatments for conditions such as pain, anxiety, and depression.