This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical compounds. Its unique structure makes it valuable in the development of drugs targeting neurological disorders, particularly those related to dopamine regulation. Additionally, it is employed in research settings to study receptor interactions and signaling pathways in the central nervous system. Its application extends to the synthesis of complex molecules used in the treatment of conditions such as Parkinson's disease and schizophrenia.