Used primarily in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting central nervous system disorders, including antidepressants and antipsychotics. Additionally, it is employed in the creation of compounds with potential anti-inflammatory and analgesic properties. Its unique structure allows for modifications that enhance the efficacy and selectivity of therapeutic agents. In research, it serves as a building block for designing novel molecules with specific biological activities, contributing to advancements in medicinal chemistry.