Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs) with central nervous system activity. It serves as a building block in the preparation of selective receptor modulators, including those targeting serotonin and dopamine receptors. Its structure supports the design of compounds with improved bioavailability and binding affinity. Commonly employed in medicinal chemistry research for optimizing drug candidates in neuropharmacology and psychotropic drug development.