Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. It is particularly valuable in the development of drugs targeting neurological disorders, such as epilepsy and anxiety, due to its structural similarity to neurotransmitters. Additionally, it plays a role in the production of chiral compounds, where its stereochemistry is leveraged to create enantiomerically pure substances. Its bromophenyl group enhances binding affinity to specific biological targets, making it useful in medicinal chemistry for designing potent and selective inhibitors.