Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of central nervous system (CNS) active compounds. It serves in the preparation of selective kinase inhibitors and neuromodulatory drugs due to its ability to cross the blood-brain barrier and interact with neurotransmitter receptors. Its structure supports derivatization for use in medicinal chemistry research, especially in the design of anxiolytic and antipsychotic agents. Also employed in the optimization of drug candidates for improved metabolic stability and binding affinity.