Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the development of potential therapeutic agents targeting central nervous system disorders. Researchers utilize it to create compounds with potential antipsychotic, antidepressant, or anxiolytic properties. Additionally, it plays a role in the design of ligands for receptor-binding studies, aiding in the exploration of neurological pathways. Its application extends to medicinal chemistry, where it contributes to the optimization of drug candidates for improved efficacy and safety profiles.