Used in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the development of drugs targeting central nervous system disorders, such as depression and anxiety, due to its potential to modulate neurotransmitter activity. Additionally, it is explored for its role in creating novel therapeutic agents for cardiovascular diseases, leveraging its ability to interact with specific receptors involved in blood pressure regulation. Researchers also investigate its utility in designing molecules with anti-inflammatory and analgesic properties, making it a versatile building block in medicinal chemistry.