Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active agents. Its structure supports binding to neurological receptors, making it valuable in the creation of compounds targeting psychiatric and neurological disorders. Commonly employed in medicinal chemistry for optimizing drug candidates due to its favorable pharmacokinetic properties and ability to cross the blood-brain barrier. Also utilized in the preparation of selective enzyme inhibitors and receptor modulators in research settings.