Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. Its structure supports the creation of potent enzyme inhibitors and receptor modulators. Commonly employed in medicinal chemistry for optimizing drug candidates targeting neurological disorders. The hydroxyl and sulfonyl functional groups allow for further chemical modifications, making it valuable in structure-activity relationship (SAR) studies. Also utilized in the preparation of protease inhibitors and serotonin receptor ligands.