Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. It serves as a building block for compounds with potential antipsychotic, antidepressant, or anxiolytic activity. Its structure allows for modification to enhance binding affinity to various neurotransmitter receptors. Commonly employed in medicinal chemistry research for optimizing drug candidates targeting neurological disorders. Also utilized in the preparation of selective kinase inhibitors and other bioactive molecules in preclinical studies.