This compound is primarily used in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting neurological disorders. Its structural features make it valuable in the development of potential drugs for conditions such as depression, anxiety, and schizophrenia, as it interacts with specific receptors in the brain. Additionally, it is utilized in the study of receptor-ligand interactions to better understand the mechanisms of action of therapeutic agents. Its application extends to the optimization of drug candidates for improved efficacy and reduced side effects.