Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various therapeutic agents. Its structure is particularly valuable in creating molecules that target central nervous system disorders, such as anxiety and depression. Additionally, it plays a role in the development of analgesics and anti-inflammatory drugs, contributing to pain management therapies. Researchers also explore its potential in designing novel compounds for treating neurodegenerative diseases. Its versatility in medicinal chemistry makes it a significant component in drug discovery pipelines.