Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds, particularly those targeting neurological disorders. Its structure is valuable in developing drugs that modulate neurotransmitter systems, such as dopamine and serotonin receptors. Also explored in the creation of potential treatments for conditions like Parkinson's disease and depression. Additionally, it serves as a building block in organic chemistry for designing novel heterocyclic compounds with potential therapeutic applications. Its unique properties make it a focus in medicinal chemistry for drug discovery and optimization.