Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and antidepressant drugs. Its structure supports the creation of bioactive molecules due to the presence of both amine functionality and a dioxane ring, which can enhance binding affinity to certain receptors. Commonly employed in medicinal chemistry for constructing serotonin and dopamine modulators. Also utilized in the preparation of novel compounds for research in neurodegenerative diseases and psychiatric disorders.