Used in organic synthesis as an intermediate for pharmaceuticals and bioactive compounds. Serves as a building block in the preparation of serotonin receptor ligands and other neuroactive molecules. Employed in research settings to develop compounds with potential antidepressant or neuromodulatory effects. Also utilized in the synthesis of fluorescent probes and labeled compounds for biochemical assays. Its amine functionality allows for easy derivatization, making it valuable in medicinal chemistry and drug discovery.