Used in pharmaceutical research as a key intermediate in the synthesis of bioactive molecules, particularly in the development of central nervous system agents. Its structure supports the creation of compounds with potential neuroprotective and cognitive-enhancing properties. Also explored in the design of novel antidepressants and anxiolytic drugs due to its ability to interact with neurotransmitter receptors. Additionally, it serves as a building block in medicinal chemistry for optimizing drug candidates with improved metabolic stability and blood-brain barrier penetration.