Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active compounds. Its structure supports the creation of molecules with receptor affinity for neurological targets, making it valuable in drug discovery for psychiatric and neurological disorders. Commonly employed in the preparation of selective ligands for neurotransmitter receptors due to its conformational stability and bioavailability-enhancing properties. Also utilized in research settings to develop novel analogs for structure-activity relationship (SAR) studies.