Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. Its structure supports the creation of bioactive molecules due to the presence of both amine and hydroxyl functional groups, which allow for further chemical modifications. Commonly employed in research settings for designing analogs in medicinal chemistry programs targeting neurological disorders. Also utilized in the preparation of novel cyclobutane-based scaffolds to explore structure-activity relationships in drug discovery.