This compound is primarily utilized in the field of medicinal chemistry and pharmacology due to its potential as a bioactive molecule. It is often investigated for its interactions with various receptors in the central nervous system, making it a candidate for the development of drugs targeting neurological and psychiatric disorders. Researchers explore its efficacy in modulating serotonin, dopamine, or other neurotransmitter systems, which could lead to applications in treating conditions like depression, anxiety, or schizophrenia. Additionally, its structural features make it a valuable scaffold for designing novel therapeutic agents with improved selectivity and potency. Its use in preclinical studies helps in understanding the structure-activity relationship, aiding in the optimization of drug candidates for clinical trials.