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 central nervous system disorders. Its structure is often incorporated into compounds designed to interact with specific receptors or enzymes in the brain, making it valuable in the development of potential therapeutic agents. Additionally, it is used in the study of structure-activity relationships (SAR) to optimize drug candidates for improved efficacy and selectivity. Researchers also employ it in the preparation of ligands for biochemical assays, aiding in the discovery of novel treatments for neurological conditions.