Used in pharmaceutical synthesis as a key intermediate for bioactive molecules, particularly in the development of central nervous system agents. Its structure supports the creation of compounds with serotonergic and dopaminergic activity. Commonly employed in the preparation of experimental antidepressants and antipsychotics due to its ability to mimic aromatic amine pharmacophores. Also utilized in medicinal chemistry for scaffold modification to enhance metabolic stability and blood-brain barrier penetration.