Used primarily as a pharmaceutical intermediate in the synthesis of active drug substances, particularly in the development of central nervous system agents. It serves as a building block for various psychoactive compounds and receptor ligands due to its structural similarity to known neuroactive molecules. Its amine functionality allows for easy derivatization, making it valuable in medicinal chemistry for creating libraries of compounds for biological screening. Also investigated in research settings for potential analgesic, stimulant, or cognitive-enhancing effects, though not approved for clinical use. Handling is restricted to laboratory or industrial settings due to regulatory and safety concerns.