Used as an intermediate in the synthesis of biologically active compounds, particularly in pharmaceuticals targeting central nervous system disorders. Its structure supports the development of amine-containing molecules, making it valuable in creating serotonin or dopamine receptor modulators. Commonly employed in medicinal chemistry for constructing constrained aminoethyl scaffolds that enhance metabolic stability and selectivity in drug candidates. Also utilized in the preparation of protease inhibitors and kinase inhibitors due to its favorable steric and electronic properties.