Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. Its structure supports the design of compounds targeting neurological receptors, including serotonin and dopamine modulators. Commonly employed in the production of antidepressants, antipsychotics, and cognitive enhancers due to its ability to improve blood-brain barrier penetration. Also utilized in the preparation of novel kinase inhibitors and other bioactive molecules in medicinal chemistry research.