This compound is primarily utilized in pharmacological research due to its potential activity as a serotonin receptor modulator. It is often studied for its effects on the central nervous system, particularly in the context of mental health disorders such as schizophrenia and anxiety. Researchers explore its binding affinity and selectivity to specific serotonin receptor subtypes, aiming to develop novel therapeutic agents. Additionally, it may be used in biochemical assays to understand the signaling pathways and mechanisms associated with serotonin receptors, contributing to the development of targeted treatments for neurological and psychiatric conditions.