This chemical is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting central nervous system disorders. Researchers employ it to develop potential therapeutic agents for conditions such as depression, anxiety, and neurodegenerative diseases. Additionally, it is explored in the creation of novel drug candidates due to its structural properties, which allow for modifications to enhance efficacy and selectivity. Its role in medicinal chemistry underscores its importance in advancing treatments for complex health conditions.