This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its unique structure makes it a valuable intermediate in the creation of bioactive molecules, especially those targeting neurological and psychiatric disorders. Researchers leverage its scaffold to design compounds with potential therapeutic effects, such as modulators of neurotransmitter systems. Additionally, it has been explored in the development of small molecule inhibitors for enzymes involved in disease pathways. Its versatility also extends to medicinal chemistry, where it serves as a building block for constructing complex molecules with enhanced pharmacological properties.