Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the creation of drugs targeting the central nervous system, where it can contribute to the modulation of neurotransmitter activity. Additionally, it finds application in the development of compounds with potential therapeutic effects in neurological disorders, such as anxiety, depression, and chronic pain. Its role in medicinal chemistry is crucial for designing molecules with improved efficacy and reduced side effects.