Used primarily in research settings as an intermediate in the synthesis of pharmaceutical compounds. It serves as a building block for developing bioactive molecules, particularly in the design of central nervous system agents. Its structure supports the creation of derivatives with potential activity in neurological and psychiatric applications. Also utilized in the development of novel ligands for receptor binding studies, especially related to serotonin and dopamine receptors. Not intended for direct therapeutic use, but valuable in early-stage drug discovery and medicinal chemistry research.