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, particularly those targeting neurological and psychiatric disorders. Its structural framework is often incorporated into the development of potential therapeutic agents that modulate specific receptors or enzymes in the central nervous system. Additionally, it is explored for its potential in creating novel compounds with anti-inflammatory, analgesic, or neuroprotective properties. Researchers also investigate its role in optimizing drug efficacy and bioavailability in preclinical studies.