Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of NMDA receptor antagonists and other neurologically active compounds. Its structure allows for selective modification, making it valuable in medicinal chemistry for creating analogs with enhanced bioavailability and target specificity. Commonly employed in research settings to develop potential treatments for neurological disorders such as epilepsy, Alzheimer's disease, and chronic pain. Also utilized in the preparation of heterocyclic compounds for high-throughput screening in drug discovery programs.