This compound is primarily utilized in biochemical research, particularly in the study of neurotransmitter systems and their interactions within the brain. It serves as a selective agonist for certain serotonin receptors, making it valuable for investigating the role of these receptors in various neurological and psychiatric conditions. Additionally, it is used in pharmacological studies to explore potential therapeutic applications for disorders such as depression, anxiety, and schizophrenia. Its structural specificity allows researchers to better understand receptor binding and signaling pathways, contributing to the development of targeted treatments.