Used primarily in the development of pharmaceutical agents targeting the central nervous system. Its structure supports binding to neurotransmitter receptors, making it a key intermediate in synthesizing antipsychotic and neuroleptic drugs. Exhibits affinity for dopamine and serotonin receptors, which contributes to its utility in treating psychiatric disorders such as schizophrenia and bipolar disorder. Also investigated for use in medications addressing nausea and vomiting due to its action on central dopamine pathways. Its derivatives are explored for improved selectivity and reduced side effects in long-term psychiatric therapy.