Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of drugs targeting the central nervous system, where it may be incorporated into compounds with potential antipsychotic or antidepressant properties. Additionally, it is employed in the study of receptor interactions, aiding in the exploration of new therapeutic agents for neurological disorders. Its bromophenyl group enhances binding affinity to specific biological targets, making it a useful building block in medicinal chemistry.