This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of various drugs, especially those targeting the central nervous system. Its structural properties make it valuable in designing molecules that interact with specific receptors or enzymes, aiding in the treatment of neurological disorders. Additionally, it is employed in medicinal chemistry for the optimization of drug candidates, enhancing their efficacy, selectivity, and pharmacokinetic properties. Its role in the development of novel therapeutic agents underscores its importance in advancing modern medicine.