Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. It serves as a building block for drugs targeting neurological disorders due to its structural similarity to neurotransmitter receptors. Commonly employed in the preparation of antipsychotics, antidepressants, and cognitive enhancers. Its amine functionality allows for easy modification in drug design, enabling the creation of diverse compound libraries for medicinal chemistry research. Also utilized in the production of certain alkaloid analogs and bioactive molecules with potential therapeutic effects.