Used primarily in the pharmaceutical industry as a key intermediate in the synthesis of various bioactive molecules. It plays a significant role in the development of central nervous system (CNS) drugs, particularly those targeting neurological disorders like depression, anxiety, and schizophrenia. Its structure allows it to interact with neurotransmitter receptors, making it valuable for designing compounds with potential therapeutic effects. Additionally, it is utilized in research for studying receptor-ligand interactions and developing novel psychotropic medications. Its versatility in medicinal chemistry makes it a crucial component in drug discovery pipelines.