Used in pharmaceutical research as an intermediate in the synthesis of biologically active compounds, particularly in the development of central nervous system agents. Shows potential in the design of serotonin receptor modulators due to structural similarity to known neuroactive molecules. Also explored for its role in creating novel isoindolinone-based derivatives with anti-inflammatory and anticancer properties. Employed in medicinal chemistry for structure-activity relationship studies, helping optimize drug candidates for improved metabolic stability and binding affinity.