Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. It serves as a building block for compounds with potential antipsychotic, antidepressant, or anti-anxiety activity due to the presence of both phenyl and pyridinyl groups, which are common in neuroactive drugs. Its amine functionality allows for easy modification, making it valuable in medicinal chemistry for creating libraries of analogs during drug discovery. Also employed in the preparation of receptor ligands, especially those targeting serotonin and dopamine receptors.