Used in pharmaceutical research as a key intermediate in the synthesis of selective receptor modulators, particularly targeting neurological pathways. Its structure supports the development of compounds with activity in central nervous system disorders, including potential applications in depression and cognitive diseases. The compound's ability to interact with neurotransmitter receptors makes it valuable in creating novel therapeutics with improved selectivity and reduced side effects. Also explored in medicinal chemistry for optimizing drug candidates due to its favorable binding properties and metabolic stability.