Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. It serves in the preparation of selective serotonin reuptake inhibitors (SSRIs) and other neuromodulatory drugs due to its structural compatibility with neurotransmitter receptors. Its amine functionality allows for easy derivatization, making it valuable in medicinal chemistry for creating analogs in drug discovery programs. Also employed in the production of bioactive molecules with potential antidepressant and anxiolytic effects.