Used in organic synthesis as a building block for pharmaceuticals and bioactive compounds. Its structure supports the development of central nervous system agents due to the presence of both amine and hydroxyl functional groups, which can interact with biological targets. Commonly employed in the preparation of fluorinated analogs of neurotransmitters and drug candidates where fluorine substitution enhances metabolic stability and binding affinity. Also utilized in medicinal chemistry research for structure-activity relationship (SAR) studies, particularly in designing inhibitors or modulators of enzyme activity.