Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of alkaloid-based drugs with central nervous system activity. Commonly employed in the development of analgesics, antihypertensives, and neuroactive compounds. Also serves as a building block in the preparation of natural product analogs and bioactive molecules in medicinal chemistry research. Its structure mimics certain neurotransmitters, making it valuable in designing compounds that interact with neurological receptors. Additionally, used in the study of enzyme inhibitors and in the development of compounds for treating neurodegenerative diseases.