This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting the central nervous system. Its structure is often incorporated into molecules designed to interact with specific receptors or enzymes, making it valuable in the development of potential drugs for neurological disorders. Additionally, it may be used in the creation of ligands for studying biological pathways or in the optimization of drug candidates to enhance their efficacy and selectivity.