Used primarily in pharmaceutical research as a key intermediate in the synthesis of antipsychotic agents. It exhibits affinity for dopamine and serotonin receptors, making it valuable in the development of drugs targeting schizophrenia and other psychiatric disorders. Its structure supports modulation of central nervous system activity, and it is investigated for use in novel neuroleptic compounds. Commonly employed in structure-activity relationship (SAR) studies to optimize receptor binding and improve metabolic stability in new drug candidates.