This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and inflammatory conditions. Its structure is often incorporated into the development of receptor antagonists or enzyme inhibitors, making it valuable for drug discovery efforts. Additionally, it is explored in the design of compounds with potential applications in treating pain, anxiety, or other central nervous system disorders. Its versatility in chemical reactions also makes it a useful building block for creating more complex molecules in organic synthesis.