Used in pharmaceutical research as a key intermediate for synthesizing bioactive compounds targeting central nervous system disorders. Shows potential in the development of antidepressant and antipsychotic agents due to its structural affinity for monoamine receptor modulation. Also employed in the study of dopamine and serotonin receptor binding, aiding in the design of novel neuropharmaceuticals. Its conjugated enone system allows for further chemical modifications, making it valuable in structure-activity relationship (SAR) studies.