This chemical is primarily used in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical compounds. It is particularly valuable in the development of drugs targeting the central nervous system, where it may contribute to the creation of compounds with potential analgesic or anti-inflammatory properties. Additionally, its structure makes it a useful building block in the research and development of novel therapeutic agents, especially those involving modulation of neurotransmitter systems. Its application extends to laboratory settings for studying biochemical pathways and drug-receptor interactions.