This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules. Its structural framework is particularly valuable in the development of compounds targeting neurological disorders, including potential treatments for depression, anxiety, and other central nervous system conditions. Additionally, it has been explored for its role in modulating specific receptors or enzymes, making it a candidate for drug discovery programs aimed at creating novel therapeutic agents. Researchers also investigate its potential in improving the pharmacokinetic properties of drug candidates, enhancing their efficacy and safety profiles.