Used primarily as an intermediate in organic synthesis, this compound serves in the development of pharmaceuticals, particularly in the construction of bioactive molecules targeting central nervous system disorders. Its structure allows for easy modification, making it valuable in creating analogs for drug discovery. It has also been explored in the synthesis of receptor ligands due to its ability to mimic phenylalkylamine motifs found in neuroactive compounds. Additionally, it finds use in the preparation of fluorescent probes and imaging agents owing to its aromatic amide backbone and functional group compatibility.