This chemical is primarily utilized in the development of pharmaceutical compounds, particularly in the synthesis of drugs targeting neurological disorders. Its unique structure makes it a valuable intermediate in creating molecules that interact with specific receptors in the brain, such as those involved in mood regulation or cognitive function. Additionally, it has shown potential in the research of treatments for chronic pain and inflammation due to its ability to modulate certain biological pathways. In the field of medicinal chemistry, it is often explored for its role in enhancing the efficacy and selectivity of therapeutic agents.