Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds targeting central nervous system disorders. Shows potential in the development of antipsychotic and antidepressant agents due to its affinity for dopamine and serotonin receptors. Also investigated for anti-inflammatory and analgesic properties in preclinical studies. Its structural features make it suitable for modifying pharmacokinetic profiles in drug design, particularly in enhancing blood-brain barrier penetration.