Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and fine chemicals. It serves as a building block for amine-containing compounds due to its reactive amino group and aromatic substituents. Commonly employed in the development of central nervous system agents, including potential antidepressants and stimulants. Also utilized in the synthesis of chiral catalysts and ligands for asymmetric reactions. Its structural features make it valuable in medicinal chemistry for structure-activity relationship studies.