Used in pharmaceutical research as a key intermediate for synthesizing bioactive molecules, particularly in the development of central nervous system agents. Its structure supports binding to specific neural receptors, making it valuable in creating potential treatments for neurological disorders such as anxiety, depression, and epilepsy. Also explored in medicinal chemistry for designing novel anti-inflammatory and analgesic compounds due to its favorable interaction with biological targets. Commonly employed in structure-activity relationship (SAR) studies to optimize drug candidates.