Used primarily in pharmaceutical synthesis as an intermediate for developing bioactive compounds, particularly in the production of selective receptor antagonists and enzyme inhibitors. Its structure supports binding interactions in central nervous system agents, making it valuable in research for neurological therapeutics. Also employed in the development of antimicrobial and antiparasitic drugs due to its ability to enhance cellular penetration and target specificity. Commonly utilized in medicinal chemistry for scaffold modification to improve pharmacokinetic properties such as solubility and metabolic stability.