Used primarily in the pharmaceutical industry as an intermediate in the synthesis of antipsychotic medications. It plays a key role in the production of drugs targeting dopamine and serotonin receptors, particularly in the development of treatments for schizophrenia and other psychiatric disorders. Due to its structural properties, it contributes to the binding affinity and selectivity of active pharmaceutical ingredients. It is also utilized in research settings for structure-activity relationship studies aimed at improving drug efficacy and reducing side effects in central nervous system therapies.