Used primarily in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds. It serves as a building block for developing central nervous system agents, particularly those targeting neurological disorders such as depression, anxiety, and schizophrenia. Its structural features make it valuable in the design of receptor modulators, especially for dopamine and serotonin receptors. Also explored in medicinal chemistry for optimizing drug candidates due to its favorable pharmacokinetic properties and ability to cross the blood-brain barrier.