This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly those targeting the central nervous system. It serves as a key intermediate in the production of drugs that modulate neurotransmitter activity, such as antipsychotics and antidepressants. Additionally, it is employed in the development of compounds with potential anti-inflammatory and analgesic properties. Its structural features make it valuable in medicinal chemistry for designing molecules with improved bioavailability and target specificity.