Used in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting neurological disorders. It serves as a key intermediate in creating molecules that interact with specific receptors in the brain, potentially aiding in the treatment of conditions like anxiety, depression, and epilepsy. Additionally, it is explored in research for its potential anti-inflammatory and anti-cancer properties, contributing to the development of novel therapeutic agents. Its unique structure allows for modifications that enhance drug efficacy and selectivity.