Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly in the development of central nervous system agents. Shows potential in the study of neurodegenerative diseases due to its structural similarity to known neuroprotective agents. Also employed in the preparation of novel piperidine-based derivatives for screening as enzyme inhibitors. Its bromo-substituted aromatic ring allows for further functionalization via cross-coupling reactions, making it valuable in medicinal chemistry for building complex drug-like molecules.