Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds targeting central nervous system disorders. Its structure supports the development of novel therapeutics with potential applications in treating pain, depression, and neurological diseases. The ethoxy and ester functional groups enhance binding selectivity to specific receptors, making it valuable in structure-activity relationship studies. Also employed in the design of new drug candidates due to its favorable pharmacokinetic properties and ability to cross the blood-brain barrier.