Used primarily in the pharmaceutical industry as an intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a role in the development of compounds targeting neurological disorders, including potential treatments for Parkinson's disease and other neurodegenerative conditions. Additionally, it is utilized in research for creating novel ligands that interact with specific receptors in the central nervous system, aiding in the study of brain function and disease mechanisms. Its structural properties make it valuable in medicinal chemistry for designing molecules with improved efficacy and selectivity.