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 key intermediate or active ingredient in the synthesis of novel therapeutic agents. Researchers focus on its application in targeting specific enzymes or receptors, particularly in the central nervous system, where it may exhibit neuroprotective or neuromodulatory effects. Additionally, it is studied for its potential use in treating conditions such as anxiety, depression, or neurodegenerative disorders. Its structural properties make it a valuable candidate for drug discovery programs aimed at developing small-molecule inhibitors or modulators.