Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and selective receptor modulators. Its structure supports the creation of bioactive molecules due to the presence of both amine and phenolic functional groups, which are common in neurologically active compounds. Commonly employed in medicinal chemistry for constructing fluorinated analogs to enhance blood-brain barrier penetration and metabolic stability. Also utilized in the preparation of novel antidepressants and anxiolytic drugs where fluorine substitution improves potency and pharmacokinetic profile.