Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds, particularly those targeting central nervous system disorders. Shows potential in the development of novel antipsychotic and antidepressant agents due to its affinity for neurotransmitter receptors. Also investigated for its role in enhancing cognitive function and neuroprotection in preclinical studies. Its structural properties make it suitable for modifying drug candidates to improve blood-brain barrier penetration and receptor selectivity.