Used in pharmaceutical research as a key intermediate in the synthesis of various biologically active compounds. It plays a role in the development of potential therapeutic agents, particularly in the creation of molecules targeting neurological disorders. Its structure is valuable in designing compounds that interact with serotonin receptors, making it relevant for studies on antidepressants and anxiolytics. Additionally, it is utilized in organic chemistry for constructing complex heterocyclic frameworks, aiding in the exploration of new drug candidates.