This compound is primarily utilized in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting central nervous system disorders, particularly those involving serotonin and norepinephrine modulation. Its structural features make it valuable for creating compounds with potential antidepressant or anxiolytic properties. Additionally, it is used in research settings to study receptor interactions and develop novel therapeutic agents. Its applications extend to medicinal chemistry, where it serves as a building block for designing and optimizing drug candidates with improved efficacy and safety profiles.