Used as a key intermediate in the synthesis of certain pharmaceuticals, particularly in the development of centrally acting agents that affect the nervous system. It serves in the preparation of compounds with potential antidepressant or stimulant properties due to its structural similarity to known bioactive phenethylamines. Its derivative forms are explored in medicinal chemistry for optimizing pharmacokinetic properties such as blood-brain barrier penetration and metabolic stability. Additionally, it finds use in research settings for structure-activity relationship (SAR) studies of amine-based drugs.