This compound is primarily used in pharmaceutical research and development, particularly in the study of central nervous system (CNS) disorders. Its structure suggests potential activity as a serotonin receptor modulator, making it a candidate for exploring treatments for conditions like depression, anxiety, and sleep disorders. Researchers investigate its efficacy in preclinical models to assess its therapeutic potential and safety profile. Additionally, it may serve as a building block in organic synthesis for creating more complex molecules with targeted biological activities. Its applications are largely confined to laboratory settings, focusing on understanding its pharmacological properties and optimizing its structure for drug development.