Used in the synthesis of pharmaceutical intermediates, particularly in the development of central nervous system agents. It serves as a key building block in the preparation of selective serotonin reuptake inhibitors (SSRIs) and related antidepressant compounds. Its structure supports the modulation of neurotransmitter activity, making it valuable in medicinal chemistry for optimizing drug efficacy and selectivity. Also employed in research settings to explore new bioactive molecules with potential anxiolytic or antidepressant effects.