Used primarily in pharmaceutical research as an intermediate in the synthesis of bioactive molecules. It serves as a building block for developing compounds with potential neurological activity, particularly in the design of receptor ligands targeting central nervous system disorders. Its structure supports the development of molecules with blood-brain barrier permeability, making it valuable in the discovery of new therapeutic agents for psychiatric and neurodegenerative conditions. Also utilized in the preparation of analogs for structure-activity relationship (SAR) studies.