Used primarily as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents. It serves as a building block for nicotinic acetylcholine receptor modulators, which are investigated for treating neurological disorders such as Alzheimer's and depression. Also employed in the preparation of novel psychoactive substances for research purposes, aiding in the study of neurotransmitter pathways. Its amine functionality allows for easy derivatization, making it valuable in medicinal chemistry for creating compound libraries in drug discovery.