Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. It plays a role in the production of certain antidepressants and antipsychotics due to its structural affinity for neurotransmitter receptors. Its piperazine core combined with the benzodioxin moiety enhances binding selectivity, making it valuable in drug design for improving potency and metabolic stability. Also utilized in research settings for generating novel bioactive molecules and in medicinal chemistry for structure-activity relationship (SAR) studies.