This chemical is primarily utilized in the synthesis of various pharmaceutical compounds. It serves as a key intermediate in the production of drugs that target the central nervous system, particularly those used in the treatment of neurological disorders. Its structure allows for further chemical modifications, making it valuable in the development of molecules with potential therapeutic effects. Additionally, it is employed in research settings for the creation of novel chemical entities, aiding in the discovery of new medications. Its role in organic synthesis also extends to the preparation of complex molecules for use in biochemical studies and drug development pipelines.