Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the creation of compounds targeting neurological disorders, such as depression and anxiety, due to its ability to interact with specific receptors in the brain. Additionally, it is utilized in the development of potential drugs for cardiovascular diseases, where its properties help in modulating blood pressure and heart function. Researchers also explore its role in designing novel therapeutic agents for pain management and inflammation, leveraging its chemical framework to enhance efficacy and reduce side effects.