This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of biologically active molecules. It serves as a key intermediate in the production of compounds targeting neurological disorders, including potential treatments for epilepsy, anxiety, and depression. Its structure is valuable in medicinal chemistry for designing and optimizing drug candidates with enhanced efficacy and selectivity. Additionally, it is explored in the development of novel therapeutics for cardiovascular diseases due to its potential to modulate specific biological pathways. Researchers also investigate its role in creating anti-inflammatory and analgesic agents, leveraging its unique chemical framework to improve drug properties.