Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. Its structure supports binding to neurological receptors, making it valuable in creating compounds for treating psychiatric and neurological disorders. Commonly employed in medicinal chemistry for optimizing drug candidates due to its favorable pharmacokinetic properties and ability to enhance blood-brain barrier penetration. Also utilized in the preparation of selective enzyme inhibitors and receptor modulators in research settings.