This chemical is primarily used 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. Its structural properties make it suitable for creating molecules that interact with neurotransmitter receptors, aiding in the treatment of mental health disorders. Additionally, it is utilized in research laboratories for studying receptor binding mechanisms and developing new therapeutic agents. Its role in medicinal chemistry highlights its importance in advancing treatments for neurological and psychiatric conditions.