Used in research as a key intermediate for synthesizing biologically active compounds, particularly in the development of pharmaceuticals targeting neurological disorders. Shows potential in studies related to serotonin receptor modulation and monoamine oxidase inhibition, which are relevant for treating depression and neurodegenerative diseases. Also employed in the design of fluorescent probes due to its inherent photophysical properties, useful in cellular imaging and biochemical assays. Its structure supports drug discovery efforts focused on central nervous system agents.