Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active agents. Its structure supports the formation of compounds with sedative, hypnotic, or anxiolytic properties. Commonly employed in the preparation of fluorinated phenethylamine derivatives, which are explored for their neuropharmacological effects. Also utilized in research settings for designing novel bioactive molecules due to the presence of both amine and ketone functional groups, enabling diverse chemical transformations.