Used primarily in research settings as an intermediate in the synthesis of pharmaceutical compounds. It exhibits structural features that support its role in developing bioactive molecules, particularly those targeting central nervous system receptors. Its derivatives have shown potential in medicinal chemistry for modulating neurological pathways, including serotonin and dopamine receptors, making it relevant in the study of psychiatric and neurological disorders. Also utilized in the development of novel analogs for structure-activity relationship (SAR) studies due to its conformational rigidity and ability to enhance binding affinity in receptor ligands. Not intended for diagnostic or therapeutic use in humans or animals.