Used in pharmaceutical research as a metabolic intermediate and building block for synthesizing bioactive molecules. Shows potential in the development of central nervous system agents due to its structural similarity to neurotransmitters. Also investigated for its antioxidant properties and ability to cross the blood-brain barrier, making it relevant in studies on neurodegenerative diseases. Employed in structure-activity relationship (SAR) studies to optimize drug candidates targeting serotonin and dopamine receptors.