Used in pharmaceutical research as a key intermediate in the synthesis of selective receptor modulators, particularly targeting neurological pathways. It is valued for its role in developing compounds that influence neurotransmitter activity, with potential applications in treating cognitive and mood-related disorders. Its structure supports binding affinity to specific brain receptors, making it useful in the design of nootropic or antidepressant agents. Also employed in structure-activity relationship (SAR) studies to optimize drug candidates for improved efficacy and safety.