Used primarily in research and development, this compound serves as a key intermediate in the synthesis of various pharmaceuticals. It is particularly valuable in the creation of compounds targeting neurological disorders, including potential treatments for depression and anxiety. Its structure allows for modifications that can enhance binding affinity to specific receptors in the brain. Additionally, it is explored in the development of novel analgesics, offering potential alternatives for pain management. Its role in medicinal chemistry highlights its importance in advancing therapeutic options for complex conditions.