Used in pharmaceutical research as a key intermediate in the synthesis of central nervous system agents, particularly in developing compounds with stimulant and cognitive-enhancing properties. It serves as a structural analog in the design of novel therapeutics targeting neurological disorders. Also utilized in the development of receptor ligands for studying dopamine and norepinephrine transporters. Its derivatives are explored for potential use in treating attention-deficit disorders and depression due to their affinity for monoaminergic systems.