Used primarily in research and development, this compound plays a significant role in the study of neurological disorders and anticancer drug development. It is often utilized as a precursor or intermediate in the synthesis of more complex molecules that target specific receptors in the brain or inhibit cancer cell growth. Its application is crucial in the development of potential therapeutic agents for conditions such as Parkinson's disease and depression. Additionally, its structure can be modified to enhance efficacy in suppressing tumor growth. It serves as a valuable tool in pharmacological studies to understand the mechanisms of action of various drugs on the central nervous system.