This compound is primarily utilized in pharmaceutical research and development, particularly in the study of central nervous system (CNS) disorders. It acts as a key intermediate in the synthesis of various bioactive molecules that target neurological pathways. Researchers explore its potential in modulating receptors or enzymes associated with conditions like anxiety, depression, and neurodegenerative diseases. Its structural features make it a valuable scaffold for designing drugs with improved efficacy and selectivity. Additionally, it is investigated for its role in enhancing cognitive functions and addressing memory-related impairments. Its application extends to preclinical studies, where it aids in understanding the biochemical mechanisms underlying CNS-related ailments.