Used primarily in the synthesis of pharmaceuticals, particularly in the production of compounds that act on the central nervous system. It serves as a key intermediate in the development of drugs that target neurological disorders, such as antidepressants and anxiolytics. Additionally, it is employed in the creation of certain types of stimulants and appetite suppressants. In research, it is utilized to study neurotransmitter activity and receptor interactions, aiding in the understanding of brain chemistry and the development of new therapeutic agents.