Used as an intermediate in the synthesis of pharmaceuticals and fine chemicals, particularly in the development of drugs targeting the central nervous system. It serves as a building block in the preparation of bioactive molecules due to its aldehyde functional group and ether linkages, which allow for further chemical modifications. Commonly employed in research settings for creating analogs of natural products and in the design of new therapeutic agents. Its structural features make it suitable for use in fragrance chemistry as well, contributing to the development of complex scent profiles in perfumery.