Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of neuroactive compounds and central nervous system modulators. Its structural features enable selective interaction with neuronal receptors, making it valuable in research for antidepressants and anticonvulsant drugs. The hydroxymethyl group allows for further chemical modifications, enhancing its utility in creating derivatives with improved bioavailability and target specificity. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies due to its stereochemical stability and functional group compatibility.