This compound is primarily utilized in pharmacological research due to its potential as a serotonin receptor modulator. It has been investigated for its role in studying central nervous system disorders, particularly those related to mood regulation and anxiety. Researchers explore its application in developing therapeutic agents for conditions like depression and other psychiatric illnesses. Additionally, it serves as a valuable tool in neurochemical studies to understand serotonin pathways and their impact on brain function. Its structural properties make it a candidate for further drug development and optimization in the field of psychopharmacology.