Used primarily as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents. Its structural features make it valuable in the creation of serotonin and dopamine receptor modulators, often explored in treatments for psychiatric disorders such as anxiety, depression, and schizophrenia. Commonly employed in medicinal chemistry research to build more complex molecules with enhanced receptor selectivity. Also utilized in the preparation of radiolabeled derivatives for receptor binding studies. Its bromo and fluoro substituents allow for further functionalization via cross-coupling reactions, enabling diverse structural modifications in drug discovery programs.