This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting the central nervous system. It serves as a key intermediate in the production of antipsychotic and antidepressant medications, where its structure contributes to the binding affinity and selectivity of the active pharmaceutical ingredients. Additionally, it is employed in the preparation of compounds with potential analgesic and anti-inflammatory properties. Its versatility in organic synthesis also makes it valuable in creating complex molecules for research and development in medicinal chemistry.