Used in pharmaceutical research as a key intermediate in the synthesis of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system agents. Its structure supports high affinity for serotonin and dopamine receptors, making it valuable in developing antidepressants and antipsychotic drugs. Also explored in the design of PET tracers for neuroimaging due to its ability to cross the blood-brain barrier efficiently. Shows potential in medicinal chemistry for optimizing drug candidates targeting mood disorders and cognitive conditions.