Primarily utilized in pharmaceutical research, this compound is investigated for its potential therapeutic effects, particularly in the treatment of psychiatric and neurological disorders. Its structure suggests activity as a modulator of serotonin and dopamine receptors, making it a candidate for addressing conditions such as anxiety, depression, and schizophrenia. Additionally, it may be explored for its anti-inflammatory and analgesic properties, offering potential applications in managing chronic pain or inflammatory diseases. Researchers also study its pharmacokinetics and pharmacodynamics to assess its efficacy, safety, and potential for drug development.