Used primarily in pharmaceutical research as an intermediate in the synthesis of biologically active compounds. Shows potential in the development of central nervous system agents due to its structural similarity to known neuroactive molecules. Employed in the preparation of novel piperazine derivatives for evaluating receptor binding properties, particularly related to serotonin and dopamine receptors. Also utilized in medicinal chemistry for structure-activity relationship (SAR) studies aimed at optimizing drug candidates for improved efficacy and selectivity.