Used primarily as an intermediate in organic synthesis, especially in the production of pharmaceuticals and fine chemicals. Its aromatic structure makes it suitable for use in the development of active pharmaceutical ingredients where a substituted benzyl framework is required. It also serves as a building block in the synthesis of more complex molecules in medicinal chemistry, including potential drug candidates targeting central nervous system disorders. Additionally, it may be employed in research settings for the preparation of ligands or catalysts in asymmetric synthesis.