It is primarily used in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) drugs. Its structure is valuable in creating molecules that interact with neurotransmitter systems, making it a key intermediate in the production of potential treatments for neurological disorders. Additionally, it serves as a building block in organic chemistry research for designing and testing new therapeutic agents with specific biological activities. Its versatility in chemical reactions allows for modifications that can enhance drug efficacy and selectivity.