Used in pharmaceutical research as a key intermediate for developing drugs targeting neurological disorders. Its structure supports the design of compounds that modulate brain receptors, particularly those involved in mood regulation and cognitive function. Commonly utilized in the synthesis of experimental therapeutics for depression, anxiety, and schizophrenia. Also explored in the development of selective enzyme inhibitors for anti-inflammatory applications. Its carboxylic acid group allows for easy derivatization, making it valuable in creating compound libraries for high-throughput screening in drug discovery.