Used primarily in pharmaceutical research as a key intermediate in the synthesis of bioactive molecules, particularly those targeting central nervous system disorders. Its structure supports the development of ligands for neurotransmitter receptors, including serotonin and dopamine receptors. Commonly employed in the creation of novel antidepressants, antipsychotics, and cognitive enhancers. Also utilized in medicinal chemistry for scaffold modification to improve drug solubility and blood-brain barrier penetration.