This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting specific enzymes or receptors in medicinal chemistry. Its structural framework is often incorporated into the design of potential drug candidates, especially for conditions related to neurological disorders or other therapeutic areas. Additionally, it may be employed in the study of structure-activity relationships (SAR) to optimize the efficacy and selectivity of new compounds.