This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and bioactive compounds. Its structure makes it valuable for the development of drugs targeting the central nervous system, particularly in the synthesis of compounds with potential antipsychotic or antidepressant properties. Additionally, it is employed in research settings to study receptor interactions and develop new therapeutic agents. Its role in creating complex molecules highlights its importance in medicinal chemistry.