Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) agents. It serves in the preparation of selective receptor modulators, including those targeting GABA and serotonin receptors, which are relevant for treating anxiety, depression, and neurological disorders. Its structure allows for functionalization to enhance binding affinity and selectivity in drug candidates. Commonly utilized in medicinal chemistry research for building nitrogen-containing heterocyclic compounds with biological activity.