Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. It is commonly found in the production of antidepressants and antipsychotic drugs due to its ability to modulate neurotransmitter activity. Its structural features allow for strong binding affinity to certain receptors in the brain, enhancing drug efficacy. Additionally, it serves in the creation of novel bioactive molecules in medicinal chemistry research, supporting the design of compounds with improved metabolic stability and selectivity.