This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel therapeutic agents. Its structure is often explored for potential activity in central nervous system (CNS) disorders, including anxiety and depression, due to its ability to interact with specific neurotransmitter receptors. Additionally, it serves as a key intermediate in the preparation of more complex molecules, contributing to the discovery of new drugs with improved efficacy and safety profiles. Its application extends to the study of enzyme inhibition, where it may help in understanding biochemical pathways and designing targeted treatments for various diseases.