This compound is primarily utilized in research and development within the field of medicinal chemistry. It serves as a key intermediate in the synthesis of various pharmacologically active molecules, particularly those targeting the central nervous system. Its structural features make it valuable for studying and developing compounds with potential therapeutic effects, such as those aimed at treating neurological disorders or cardiovascular conditions. Additionally, it is used in the preparation of analogs for structure-activity relationship (SAR) studies to optimize drug efficacy and selectivity. Its role in the synthesis of complex organic molecules also extends to academic and industrial laboratories focused on drug discovery and innovation.