Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of central nervous system (CNS) active agents. Its structure supports the development of compounds with sedative, anxiolytic, and anticonvulsant properties. Commonly employed in the preparation of brominated phenethylamine derivatives, which are explored for their neuromodulatory effects. Also utilized in research settings to develop novel analogs for studying neurotransmitter receptors. Its chiral center allows for stereoselective synthesis, making it valuable in creating enantiomerically pure drugs.