Used in pharmaceutical research as a key intermediate in the synthesis of serotonin receptor modulators, particularly targeting 5-HT2A and 5-HT2C receptors. It plays a role in developing compounds for neurological disorders such as depression, anxiety, and schizophrenia. Its structure supports binding affinity and selectivity in central nervous system drugs. Also explored in the development of anti-migraine agents due to its interaction with serotonin pathways.