This compound is primarily utilized in pharmaceutical research and development due to its potential biological activity. It is often investigated for its role as a precursor or intermediate in the synthesis of more complex molecules, particularly those targeting neurological or psychiatric disorders. Its structural features make it a candidate for modulating specific receptors or enzymes in the central nervous system. Additionally, it may be explored for its potential in drug discovery programs focusing on novel therapeutic agents. Researchers also study its pharmacokinetic properties to assess its suitability as a drug candidate.