Used in pharmaceutical research as a key intermediate for synthesizing bioactive compounds, particularly in the development of central nervous system agents. Shows potential in the design of ligands targeting serotonin and dopamine receptors, which are relevant for treating psychiatric disorders such as depression, anxiety, and schizophrenia. Also explored for its role in improving metabolic stability and blood-brain barrier penetration in neuroactive drugs. Its structural features make it valuable in medicinal chemistry for optimizing receptor selectivity and binding affinity.