Used primarily as an intermediate in the synthesis of pharmaceuticals, especially antipsychotic drugs like haloperidol and droperidol. It serves as a key building block in the production of neuroleptic agents due to its structural similarity to dopamine antagonists. Also employed in research settings for developing new psychoactive substances and studying central nervous system disorders. Limited use in fragrances and flavorings due to its ketone structure, contributing to fruity or creamy notes in trace amounts.