Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of centrally acting agents such as antipsychotics and antidepressants. Its structural features make it valuable in medicinal chemistry for modulating biological activity, enhancing selectivity, and improving metabolic stability in drug candidates. Commonly employed in research settings for designing novel compounds targeting neurological and psychiatric disorders. Also utilized in the preparation of chiral catalysts and ligands for asymmetric synthesis in fine chemical manufacturing.