Used as a key intermediate in the synthesis of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system (CNS) active pharmaceuticals. Its structure allows for functionalization at multiple sites, making it valuable in constructing complex heterocyclic drug candidates. Commonly employed in research settings to develop compounds with potential antidepressant, anxiolytic, or anticonvulsant activity. Also utilized in the preparation of benzoxazine-based derivatives for evaluation in medicinal chemistry programs targeting neurological disorders.