Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of central nervous system (CNS) drugs, where it contributes to the creation of compounds targeting neurological disorders. Additionally, it is explored in the design of ligands for receptor studies, aiding in the understanding of biochemical pathways and drug-receptor interactions. Its application extends to the field of medicinal chemistry, where it is utilized to enhance the efficacy and selectivity of therapeutic agents.