Used in pharmaceutical research as a key intermediate for developing central nervous system agents, particularly in the synthesis of dopamine and serotonin receptor modulators. Shows potential in the study of neurodegenerative disorders due to its ability to cross the blood-brain barrier. Also investigated for anti-inflammatory and analgesic properties in preclinical models. Its structural features make it valuable in structure-activity relationship (SAR) studies for optimizing bioavailability and receptor selectivity.