Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. It serves as a building block for drugs targeting neurological disorders such as depression, schizophrenia, and Parkinson’s disease. Its structure allows for easy modification to enhance binding affinity to various receptors, making it valuable in medicinal chemistry research. Also employed in the production of selective receptor agonists and antagonists due to its ability to mimic natural neurotransmitters. Widely utilized in the creation of novel kinase inhibitors and other bioactive molecules in drug discovery programs.