Used in organic synthesis as an intermediate for pharmaceuticals, particularly in the development of central nervous system agents. Its structure supports the creation of bioactive molecules with potential antidepressant or neuroprotective activity. Commonly employed in research settings to construct tetralin-based amine frameworks found in certain psychoactive drugs. Also utilized in the preparation of selective serotonin reuptake inhibitors (SSRIs) and related compounds due to its amine functionality and aromatic character.