Used in pharmaceutical research as a key intermediate for synthesizing centrally acting agents, particularly in the development of neuropsychiatric drugs. Its structure supports binding to neurological receptors, making it valuable in creating compounds that modulate neurotransmitter activity. Commonly employed in the synthesis of dopamine or serotonin receptor modulators due to its favorable pharmacokinetic properties and ability to cross the blood-brain barrier. Also utilized in medicinal chemistry for optimizing lead compounds in drug discovery programs targeting cognitive and mood disorders.