This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting neurological and psychiatric disorders. Its structure is often incorporated into the development of small molecule inhibitors and modulators for specific enzymes or receptors, making it valuable in drug discovery processes. Additionally, it is employed in the creation of novel therapeutic agents aimed at treating conditions such as depression, anxiety, and neurodegenerative diseases. Its versatility also extends to organic synthesis, where it is used to build complex heterocyclic frameworks for further chemical exploration.