Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the production of compounds targeting neurological disorders, such as antidepressants and anxiolytics. Its bromophenyl group allows for further functionalization, making it a versatile building block in organic synthesis. Additionally, it is employed in the study of receptor binding and enzyme inhibition, aiding in the discovery of new therapeutic agents.