This compound is primarily utilized in the field of medicinal chemistry as an intermediate in the synthesis of various pharmacologically active molecules. It plays a significant role in the development of compounds targeting the central nervous system, particularly in the design of potential therapeutic agents for neurological disorders. Its structural framework is often incorporated into molecules that interact with specific receptors or enzymes in the brain, making it valuable for research in drug discovery. Additionally, it may be used in the preparation of analogs for studying structure-activity relationships, aiding in the optimization of drug candidates for improved efficacy and safety.