This compound is primarily utilized in the field of medicinal chemistry and pharmacology due to its potential as a biologically active molecule. It has shown promise in the development of therapeutic agents targeting neurological disorders, particularly as a modulator of specific receptors in the brain. Its structural features make it a candidate for research in treating conditions like anxiety, depression, and other mood-related disorders. Additionally, it is studied for its potential role in enhancing cognitive functions and memory retention. Researchers are also exploring its application in the synthesis of novel drugs with improved efficacy and reduced side effects.