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 the central nervous system. Its structure is often incorporated into compounds designed to interact with neurotransmitter receptors, making it valuable in the development of potential treatments for neurological disorders such as depression, anxiety, and schizophrenia. Additionally, it is employed in the study of enzyme inhibition and receptor binding mechanisms, aiding in the discovery of new therapeutic agents. Researchers also use it to explore structure-activity relationships (SAR) to optimize drug efficacy and selectivity.