Used in pharmaceutical research as a key intermediate in the synthesis of beta-adrenergic receptor modulators. It plays a role in developing compounds targeting cardiovascular and pulmonary diseases due to its structural affinity for adrenergic pathways. Its lipophilic side chain enhances membrane permeability, improving bioavailability in drug formulations. Also investigated for potential use in central nervous system agents owing to its ability to cross the blood-brain barrier. Currently in laboratory-stage biological evaluation and not yet used commercially.