Used primarily in research settings, this compound serves as a key intermediate in the synthesis of various pharmacologically active molecules. Its structure is particularly valuable in the development of compounds targeting neurological disorders, as it can influence neurotransmitter systems. Additionally, it has been explored in the creation of ligands for receptor studies, aiding in the understanding of biochemical pathways. Its applications extend to the field of medicinal chemistry, where it contributes to the design of novel therapeutic agents.