This compound is primarily utilized in research settings, particularly in the study of serotonin receptors and related neurological pathways. It acts as a selective agonist for certain serotonin receptor subtypes, making it valuable for investigating the role of serotonin in various physiological and psychological processes. Researchers employ it to explore its potential effects on mood regulation, anxiety, and depression, as well as its influence on cognitive functions. Additionally, it is used in preclinical studies to understand its pharmacokinetics and pharmacodynamics, aiding in the development of novel therapeutic agents targeting serotonin-related disorders. Its application is largely confined to laboratory experiments and is not yet widely used in clinical or industrial contexts.