This compound is primarily utilized in pharmaceutical research and development due to its potential biological activity. It is often explored for its role in the synthesis of novel therapeutic agents, particularly in the field of central nervous system (CNS) disorders. Researchers investigate its efficacy as a precursor or intermediate in creating compounds that may exhibit analgesic, anti-inflammatory, or neuroprotective properties. Additionally, it is studied for its potential application in the treatment of conditions such as depression, anxiety, and chronic pain. Its unique structure makes it a valuable candidate for drug discovery programs aiming to develop targeted and effective medications.