This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting the central nervous system. Its structural features make it suitable for the development of potential therapeutic agents, including antidepressants and anxiolytics. Additionally, it is explored for its role in modulating specific receptors or enzymes, contributing to the study of neurological disorders. Its application extends to preclinical studies, where it aids in understanding drug metabolism and pharmacokinetics.