This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. It serves as a key intermediate in the creation of molecules targeting central nervous system disorders, such as anxiety, depression, and neurodegenerative diseases. Its structure allows it to interact with specific receptors or enzymes in the brain, making it valuable for designing drugs with potential therapeutic effects. Additionally, it is explored in the development of inhibitors for certain biological pathways, contributing to advancements in medicinal chemistry and drug discovery.