This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its unique structure makes it a valuable intermediate in the creation of biologically active molecules, often targeting neurological and psychiatric disorders. Researchers explore its potential in designing inhibitors for specific enzymes or receptors involved in disease pathways. Additionally, it may be investigated for its role in modulating cellular processes, such as signal transduction or protein interactions, contributing to advancements in medicinal chemistry and therapeutic innovation.